– Broadcom (NASDAQ:AVGO) lowers its offer for Qualcomm (NASDAQ:QCOM) to $79/share from $82/share.
– Amount includes $57 in cash and $22 in Broadcom shares.
– Adjustment follows Qualcomm’s raised bid to acquire NXP Semiconductors (NASDAQ:NXPI).
– If Qualcomm doesn’t complete the NXP acquisition, Broadcom would raise the price back up to $82.

source: insemicon.com

Broadcom lowers Qualcomm offer to $79/share after NXP news

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