Just as the hangovers from the Brocade celebrations are subsiding, Qualcomm investors are presenting a different headache by holding out for a significant price increase.
Clearly thinking he was on a roll, CEO Hock Tan turned his attention to Qualcomm.
The potential acquisition was beaten back by the Qualcomm board, but according to Bloomberg sources, there might be a way for Tan to complete his shopping spree; just spend a bit more cash.
The initial bid was a considerable one; $130 billion at $70 per share.
Just to put things in perspective, the share price at the time of writing is $66.47, while the trading day before the initial bid from Broadcom, it was $61.
Tan is usually a man who gets his way, so the initial rejection could have put a dent in his ego, though Qualcomm investors seem to be tempted the beast out of the cage.