Exclusive: Broadcom to raise bid for Qualcomm to about $120 billion: sources

(Reuters) - Broadcom Ltd plans to unveil a new offer of approximately $120 billion for Qualcomm Inc on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday.

Exclusive: Broadcom to raise bid for Qualcomm to about $120 billion: sources
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