TLDR · BIG TECH & STARTUPS

QUALCOMM APPROACHED INTEL ABOUT A TAKEOVER IN RECENT DAYS

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Summary from the TLDR newsletter

Qualcomm has approached Intel about a takeover in what could be one of the largest and most consequential deals in recent years. Intel is currently suffering through one of its most significant crises in its five-decade history. Its shares have dropped roughly 60% so far this year. A deal is far from certain and it will likely attract antitrust scrutiny.