, Columnists
Qualcomm Can't Waste Time on a Pointless Quest
Former CEO Paul Jacobs can't swing a deal and shouldn't even try.
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Just say no to tilting at windmills.
Paul Jacobs, a member of Qualcomm Inc.'s founding family and a former CEO, has approached potential partners that might help him buy the chip company valued at more than $90 billion. This effort, first reported by the Financial Times, comes on the heels of the U.S. government quashing a hostile takeover attempt by Broadcom Ltd. Shares of Qualcomm were trading up Friday on the news.