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Broadcom preps for $130B Qualcomm takeover

Chipmaker Broadcom is bidding $70 per share ($130 billion in cash and shares) for rival chipmaker Qualcomm. Qualcomm reportedly will fight the takeover, and there are huge implications for the entire tech space. Yahoo Finance’s Alexis Christoforous, Andy Serwer, and Melody Hahm discuss why Qualcomm is reportedly fending off the bid.