Techmeme
November 6, 2017, 9:35 AM

Top News

Bloomberg:
Broadcom offers $105B to buy Qualcomm for $70/share, a 28% premium to Qualcomm's closing price on Thursday, in deal valued at ~$130B including $25B of net debt  —  Broadcom is proposing to buy Qualcomm for $70 per share in a cash and stock deal valued at $130 billion, Bloomberg News reports.
T-Mobile:
Wall Street Journal:
Billionaire Saudi Prince Alwaleed bin Talal, who holds large stakes in Twitter, Lyft, and Apple, arrested in apparent power consolidation  —  Saudi leadership in recent months has clamped down on any traces of dissent  —  Saudi authorities carried out a new wave of arrests targeting royals …
The Guardian:
Two Russian state-owned companies, VTB Bank and Gazprom, owned stakes in Yuri Milner's DST Global funds that invested in Facebook and Twitter pre-IPO  —  Institutions with close links to Kremlin financed stakes through business associate of Trump's son-in-law, leaked files reveal
Reuters:
Fourth-largest US cable operator Altice USA to start offering mobile voice and data services via MVNO deal with Sprint  —  (Reuters) - Altice USA (ATUS.N), the fourth-largest U.S. cable operator, said it would introduce mobile service on Sprint Corp's (S.N) network, becoming the latest …

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