SINGAPORE (Dec 5): Broadcom is now proposing to unseat the board of directors at rival company Qualcomm, after facing multiple rejections in its quest to take over the latter.
The Nasdaq-listed chipmaker on Monday announced its intention to nominate a slate of 11 “independent, highly-qualified individuals” to be elected on Qualcomm’s board of directors prior to the latter’s 2018 Annual Meeting to be held on March 6.
This will be done through a filing with the Securities and Exchange Commission on blue...(click on link for full story on theedgesingapore.com)