Qualcomm (QCOM +1.2%) is near a deal to buy Atheros Communications (ATHR +18.2%) for about...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

Qualcomm (QCOM +1.2%) is near a deal to buy Atheros Communications (ATHR +18.2%) for about $45/share, or $3.5B, reports say. The deal would represent a roughly 22% premium to where Atheros’ stock traded near midday today. Heavy volume had triggered a circuit breaker halt, but trading has now resumed.