Qualcomm Offers to Acquire Veoneer for $37 per Share in Cash
SAN DIEGO, Aug.5, 2021 /PRNewswire/ --Qualcomm Incorporated (NASDAQ: QCOM) today announced it has submitted an offer to acquire Veoneer for $37 per share, in an all-cash transaction.
- SAN DIEGO, Aug.5, 2021 /PRNewswire/ --Qualcomm Incorporated (NASDAQ: QCOM) today announced it has submitted an offer to acquire Veoneer for $37 per share, in an all-cash transaction.
- Our offer has been approved by Qualcomm's Board of Directors, does not require Qualcomm stockholder approval, and has no financing conditions.
- Qualcomm will fund the transaction with existing cash resources, and therefore, its offer is not subject to any financing contingency or condition.
- Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.