On November 6, 2017, Broadcom announced it would offer $70 per share for Qualcomm, which at the time amounted to around $130 billion (these prices go up and down). Broadcom would

offer Qualcomm shareholders $60 in cash per share, as well as $10 in stock, making it the single-largest deal in technology ever.

It also would pave the way to a massive consolidation of the semiconductor industry, especially as the industry gradually moves toward the implementation of 5G wireless technology. It also offered and opportunity for Tan, the aggressive dealmaker, to come in and look to reshape the U.S.-based chipmaker — and the industry as a whole.

Qualcomm rejected the offer a little more than a week later.

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