Qualcomm CEO Sees ‘No Path to Value’ in Broadcom Tie-Up

Qualcomm chief executive Steve Mollenkopf on Thursday reaffirmed his opposition to a hostile takeover bid from computer chip rival Broadcom, saying the deal offers “no real path to value.” The comments came days after Singapore-based Broadcom escalated its efforts on a $130 billion bid by proposing a slate of directors to unseat the Qualcomm board of directors. Mollenkopf, speaking at an event hosted by The Economic Club of Washington, said that “we always have discussions” on potential tie-ups but that Qualcomm’s future is well-positioned as an independent company. He added that “we didn’t think the offer…

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NAFSA selects foreign policy expert to be CEO

Brimmer, who is currently a professor of practice of international affairs at The George Washington University in Washington, DC, will succeed Marlene Johnson, who has been the association’s executive director and CEO since 1998. Brimmer also serves as a senior advisor at McLarty Associates and as a senior fellow for international institutions at the Council on Foreign Relations. “I am deeply honoured to be selected by the Board to be the next executive director and CEO of NAFSA: Association of International Educators,” she said. “I look forward to working with…

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