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Did The Broadcom CEO Make A Convincing Reason For Qualcomm To Accept Offer?

The CEO of Broadcom (AVGO) went on CNBC to discuss the $82 offer to buy Qualcomm (QCOM). Depending on the day, the offer is about a 30% premium above the current price.

Broadcom CEO: Our offer for Qualcomm is compelling from CNBC.

As Cramer points out, Qualcomm has a plan on the table to boost FY19 profits to about $7 per share. The offer isn't that compelling if the wireless giant can achieve that growth. Do you find the offer as compelling?

More research: Qualcomm: NXP Semi. Closure Is Key

Disclosure: Long QCOM. Please review the disclaimer page for more details.


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