Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

(Reuters) - Microchip maker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors NV to $44 billion.

from Reuters: Business News http://ift.tt/2GAwpad