Qualcomm Tries To Outbid Magna For Veoneer

DrTJ writes: Chipmaker Qualcomm places a bid of $4.6bn for Swedish automotive company Veoneer. As of last week, Magna offered $3.8bn for the company. Qualcomm is making an 18% higher offer, or $37 per share. Veoneer focuses its business on ADAS (Advanc…