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Broadcom to Raise Offer for Qualcomm to About $120 Billion

Broadcom plans to announce the higher offer on Monday, a person familiar with the matter said, a move aimed at increasing pressure on the takeover target in what would be the largest-ever technology deal.
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Chip maker Broadcom Ltd. boosted its buyout offer for rival Qualcomm Inc. on Monday to $82 per share — ratcheting up the pressure on shareholders to support a hostile takeover bid. The $121-billion merger would be the largest ever i...

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Broadcom has sweetened its takeover offer of Qualcomm in a deal that would be worth more than $121 billion, turning up the pressure on the takeover target in what would be the largest-ever technology deal.

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