Broadcom trims Qualcomm offer to $117 billion after new NXP deal
February 21, 2018 at 11:40 AM EST
(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .
