This morning, Semiconductor producer Broadcom offered a record breaking $130 billion for mobile chip maker Qualcomm. The deal would be the largest of all-time in the tech sector, and works out to $70 in cash and stock. That is a 28% premium for Qualcomm’s shares computed from Thursday’s close. That was the last day that Qualcomm traded without talk of an impending bid from Broadcom. Broadcom will assume $25 billion in Qualcomm debt, which is included in the total amount of the transaction.
If the deal is agreed to by stock holders and regulators, the combined company will be the world’s …