Flexible Electronics News

Qualcomm Announces Preliminary Results of Tender Offer

Goldman Sachs & Co. LLC acted as dealer manager for the tender offer.

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By: Anthony Locicero

Copy editor, New York Post

Qualcomm Incorporated announced the preliminary results of its “modified Dutch auction” tender offer, which expired at midnight EST Aug. 27, 2018.   Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 76,205,230 shares of Qualcomm’s common stock were properly tendered and not properly withdrawn at or below the purchase price of $67.50 per share, including 34,408,876 shares that were tendered by notice of guaranteed delivery.    ...

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