If there are problems that can't be solved without money, we will increase the money.

Previously, Qualcomm rejected the acquisition of Broadcom's "snake swallowing elephant", which was basically regarded as a habitual operation of Broadcom, and even as a measure to manipulate the stock price or rub hot spots. From the earliest US $100 billion to the US $121 billion on February 5, Qualcomm refused. On February 14, Qualcomm and Broadcom will have a new round of negotiations.

However, on the evening of February 12, Broadcom announced that it had reached agreements with 12 large financial institutions. 12 financial institutions All of them are famous“ Bank of America Merrill Lynch, Citigroup, Deutsche Bank, JPMorgan Chase, Mizuho Bank, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Bank, Wells Fargo Bank, Scotiabank, BMO Capital Market, RBC Capital Market and Morgan Stanley ". They signed a funding commitment agreement with Broadcom, which is the trading platform for Broadcom to acquire Qualcomm.

In this agreement, 12 financial institutions will provide Broadcom with a credit line of up to $100 billion, including $5 billion in revolving credit and bridge financing, and $6 billion in convertible note financing of investment funds under private equity giants Silver Lake, KKR and CVC.

The reason for Qualcomm's refusal is very simple - the money is not enough. Qualcomm said that $121 billion could not reflect the value of its acquisition of NXP and the subsequent 5G upgrade of Qualcomm.

In the eyes of capitalists and bankers, the purchase price is one thing, but capital and operational operations are another. There are many optional operations for listed companies, such as stock price operations and the board of directors' manipulation. After Broadcom found the platform of financial institutions, it seemed that Qualcomm was in the position of "being bullied".

Follow our Weibo @ Love Computer

Follow our WeChat official account: playphone

Of course, we also pay attention to our Bilibili account: love computer