Automotive technology company Veoneer’s board of directors have determined that Qualcomm’s acquisition proposal is a “Superior Proposal”, as defined under the terms of Veoneer’s merger agreement with Magna. As a result of the Board’s determination, Veoneer may under the terms of the merger agreement engage in discussions with Qualcomm based on the Qualcomm Proposal. The…
Veoneer to Enter Talks with Qualcomm