Qualcomm chases out big thinking board member

Qualcomm has announced it will not re-nominate Paul Jacobs to the Board of Directors after the executive made the decision to explore the possibility of making a proposal to acquire Qualcomm.
Jacobs has been working at the chipmaker since 1990, holding the position of CEO between 2005 and 2014, and also serving as Chairman of the Board. But it seems ambitions of trying to take the company private where too much for the other 10 board members, who have said in a statement they would consider his