- Qualcomm (NASDAQ:QCOM) shareholders re-elected 10 directors to the board during today’s annual meeting.
- The lead-up to the vote was dramatic with Broadcom (NASDAQ:AVGO) originally nominating a full slate of its own nominees then Qualcomm delaying the meeting due to a government investigation into the takeover attempt. President Trump blocked the deal on national security concerns.
- Last week, Qualcomm shrunk its board from 11 to 10 members after former chairman Paul Jacobs pushed to take the company private.
- Qualcomm shares are down 1.5%.
- Broadcom shares are down 0.7%.
- Previously: Qualcomm board meeting to discuss "fate" of former CEO (update) (March 16)
- Previously: Bloomberg: Broadcom on course to win Qualcomm board (March 5)
- Previously: Broadcom responds to CFIUS investigation, delayed Qualcomm meeting (March 5)
Qualcomm re-elects directors at annual meeting
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Symbol | Last Price | % Chg |
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QCOM | - | - |
QUALCOMM Incorporated |