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Robert Mugabe: Legacy of a ruthless tyrant who presided over bloodshed and persecution

“Robert Mugabe’s legacy as one of the most ruthless tyrants of modern times will remain long after his days as notorious statesman of Zimbabwe are over” writes Richard Makepeace for telegraph.co.uk. What could turn out to be the 93-year-old leader’s final night in charge of the troubled south African nation concluded in typically chaotic fashion with the army saying it had Mugabe and his ambitious wife Grace in custody following a takeover of the state broadcaster. Source: telegraph.co.uk Share This:

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AT&T to ask for White House, DOJ communications if Feds sue to block Time Warner purchase: Report

“AT&T will seek access to communications between the White House and Justice Department about the Time Warner deal if the government sues to block the $85 billion takeover, Bloomberg reports, citing sources” writes Evelyn Cheng for cnbc.com. Representatives from both the White House and Department of Justice denied they had communicated about the deal.Critics have said the White House weighed in against the deal, noting that President Donald Trump has often tweeted his criticism of CNN as a purveyor of fake news. Source: cnbc.com Share This:

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Qualcomm spurns Broadcom’s $103 billion takeover proposal

“Qualcomm is rejecting Broadcom’s unsolicited $103 billion takeover proposal, saying the bid “significantly undervalues” the San Diego wireless telecommunications company” writes Mike Snider for usatoday.com. Qualcomm’s board concluded that “Broadcom’s proposal dramatically undervalues Qualcomm and comes with significant regulatory uncertainty,” said Tom Horton, Qualcomm’s presiding director, said in the company’s statement.Prior to making its bid for Qualcomm, Broadcom announced it would move its legal headquarters from Singapore to Delaware.The combined company would create a global communications tech giant with about $51 billion in annual revenue and major customers such as Apple. Source:…

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Qualcomm rejects Broadcom’s $103B takeover proposal

“(Reuters) – Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $103 billion takeover bid, saying the offer “dramatically” undervalued the U.S. company” reports foxbusiness.com. Broadcom made its unsolicited bid last week in its efforts to become the dominant supplier of chips used in the 1.5 billion or so smartphones expected to be sold around the world this year. Source: foxbusiness.com Share This:

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Mattel shares skyrocket more than 20% on report of Hasbro takeover interest

“MAT, +4.95% shares soared more than 20% in the extended session Friday following a report that Hasbro Inc” writes Wallace Witkowski for marketwatch.com. Mattel shares rallied 21% to $17.75 after hours on heavy volume following a report from The Wall Street Journal that Hasbro made an offer for Mattel, according to sources close to the matter. In Friday’s regular session, shares of Mattel closed up 5% at $14.62 for a market cap of $5.03 billion, and shares of Hasbro finished up 3.1% at $91.45 for a cap of $11.39 billion. Source:…

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Sky may close Sky News if it blocks 21st Century Fox takeover

“On Wednesday, Sky told the Competition Markets Authority that the regulator should not assume that Sky News will continue to compete against local rivals if the takeover goes ahead” writes News Editor for marketwatch.com. “Sky would likely be prompted to review the position in the event that the continued provision of Sky News in its current form unduly impeded merger and/or other corporate opportunities available in relation to Sky’s broader business,” the media company said in a statement.In October, the CMA opened a probe into 21st Century Fox’s plans to…

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Traders are betting that Broadcom’s record-setting hostile takeover of Qualcomm will get done

“Qualcomm may be willing to do whatever it takes to repel Broadcom’s $103 billion hostile takeover, but stock investors remain bullish on a deal getting done” writes Finanzen Net Gmbh for businessinsider.com. It’s possible that traders are being encouraged by Broadcom’s aggressive approach to the takeover.With that in mind, investor positioning can be a valuable indicator when handicapping the likelihood a deal gets completed.Despite a 16% spike in Qualcomm shares since initial reports of the proposed deal, traders are still paying the highest premium in more than two years to…

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When chips collide: Broadcom bids $105 billion for Qualcomm in largest tech deal ever

“The most interesting thing about this deal is the sheer scale of it: Broadcom is offering $105 billion for Qualcomm, which would make it the largest deal in the history of tech companies, larger than even Dell’s purchase of EMC in 2015, which was valued at $67 billion” writes Pete Pachal for mashable.com. It’s unclear what would happen to those ongoing legal issues if the deal were to go through. Source: mashable.com Share This:

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Broadcom Exploring Takeover Bid Of Qualcomm

“Broadcom is reportedly considering a takeover bid for Qualcomm; its main rival in the semiconductor business” writes Chief Chapree for lowyat.net. We will just have to wait and see the outcome of this potential takeover bid.Bloomberg reports that the unsolicited bid by Broadcom may be coming soon – as early as this week.If the takeover is successful, it will create the third largest chip maker in the world, behind Intel and Samsung.The report puts the offer at US$100 billion (about RM420 billion), which makes this the biggest takeover of a…

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