Good monday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt, sara eisen at post 9 of the new york stock exchange. What a morning for tech, john. Yes, indeed broadcom confirming its takeover bid for qualcomm the cash in stock offer valued at 70 per share, or 105 billion, excluding debt. Qualcomm acknowledges receiving the offer. For more were joined by a tech analyst at William Blair and analyst at Rbc Capital Markets is on the phone. Actually, i want to start with you, amit. So, broadcoms side argues, i had a chance to have a few conversations this morning, that qualcomm hasnt traded at 70 a share since a year ago its been three years since it was at 80, so this actually represents fair value, but weve seen qualcomm under pressure now from apple on the licensing front. A year ago, and before that from china, though it was able to resolve much of that does that argument hold water in your view . Yeah. Thanks for having me, guys ill say, you know, factually they are
French revolutions. This is about one hour. Okay. Im tim marshall the provost for the new school and im delighted to welcome everyone here for this wonderful event to launch laura auricchios new book which is right here. [applause] the Marquis Lafayette reconsidered which came out this month published by knox publishers. This is a research over the course of seven years at a major part of it the tilted personal life from the inside of the passion french hero become of the American Revolution of several freshmen over several to watch the kids. Theres an intimate depiction summit towering figures of the historical period while also eliminating and explore the new role of the press and publication the politics of the time. The personal letters of marquis de lafayette which can be found in in the collection of elaborate of congress and at Cornell University provides many of the books anecdotes. And now a few words about laura. She is a specialist in 18th century french history and art and
Motive. Tonight, just will 27 days remain before the 60 days run out which could lead to another strike. Now we are learning barth is working on a b. A. R. T is working on a contingency plan. Ktvus mike mabach here with more. Reporter if it means putting managers into the driver seat as one b. A. R. T official said, so be it. B. A. R. T trains are running. Operators are operating, and a second strike is now looming. You wont be nervous at all . No. I think it should be fairly safe hes talking about the contingency plan b. A. R. T management said it is now contemplating in the case Union Employees strike after the cooling off period ends october 11th. We feel we have at least an obligation to see whether or not it would be possible to run some type of skeletal b. A. R. T service. B. A. R. T assistant general manager said some of the Transit Agencys 200 managers could possibly be trained to operate trains in another strike. He says the lack of progress at the bargain table with the union
Cnn earlier these strikes likely originated in iran or iraq. As we get brandnew images that has affected 5 of the noble oil supply. Cnns jeremy dimon is live at the white house. Tonight we are seeing the president really trying to calm nerves. Yes, absolutely. This is the most serious statement weve seen from the president so far on these attacks on Saudi Oil Facilities that took place yesterday. The president suggesting the United States is locked and loaded, which suggests some sort of potential military response once the United States has identified with certainty who was responsible for this attack on Saudi Oil Facilities. Now, the president is not in this tweet naming a specific culprit as he calls it in this tweet. But what we do know is u. S. Officials other than the president have begun to do so. The secretary of state mike pompeo just yesterday directly blamed iran for this attack on Saudi Oil Facilities and today i spoke with a Senior Administration official who says this att