Stay updated with breaking news from Carl softbank. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 t ....