Broadcom’s hostile $130 billion bid for Qualcomm looks dodgy

Even if Broadcom can find the cash there are many reasons to be sceptical about what would be the largest ever tech-sector acquisition.
Qualcomm’s shares have understandably risen having received an unsolicited bid that valued the company at $70 per share, but the fact that they only rose to a peak of $65 and have since declined implies a large degree of caution from investors, which is understandable.
Firstly the bid is unsolicited, so there’s no guarantee Qualcomm will even accept