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Qualcomm: Broadcom’s Got ‘A Lot of Leverage,’ Says Instinet

Broadcom has "a lot of leverage," writes Romit Shah of Instinet, in its bid to buy Qualcomm, a bid the latter yesterday rejected. He sees Broadcom perhaps taking next steps such as nominating people to Qualcomm's board of directors, or starting a public offer for shareholders to tender their shares.
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