Broadcom Lowers Qualcomm’s Offer in Response to Sweetened NXP Bid

Broadcom Ltd. slightly lowered its offer to buy Qualcomm Inc. after the target company boosted its own bid for NXP Semiconductors NV. Broadcom is now offering $79 per Qualcomm share, down from the “best and final” bid of $82 it submitted earlier this month.

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