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

(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .

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