January 16, 2018 / 1:25 PM / 9 months ago

BRIEF-Qualcomm Urges Stockholders To Reject Broadcom's "Undervalued" Takeover Proposal

Jan 16 (Reuters) - Qualcomm Inc:

* QUALCOMM SENDS LETTER TO STOCKHOLDERS AND FILES INVESTOR PRESENTATION

* QUALCOMM - URGES STOCKHOLDERS TO REJECT BROADCOM'S "UNDERVALUED" TAKEOVER PROPOSAL

* QUALCOMM INC SAYS "FIRMLY COMMITTED" TO DELIVERING $6.75 - $7.50 IN FISCAL 2019 NON-GAAP EARNINGS PER SHARE

* QUALCOMM - TO DELIVER ON ADJUSTED EARNINGS PER SHARE TARGET BY FY 2019 THROUGH NEW $1 BILLION COST REDUCTION PROGRAM, ACCRETION FROM NXP DEAL

* QUALCOMM - ALSO WORKING TO DELIVER ON ADJUSTED EARNINGS PER SHARE TARGET BY FY 2019 THROUGH RESOLUTION OF CURRENT LICENSING DISPUTES Source text for Eikon: Further company coverage:

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