What is the significance of the shareholder meeting mentioned?
Qualcomm’s CEO Says Broadcom Offer Not in Ballpark
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The transcript discusses an offer to buy shares at $70 each, which the board rejected. A proxy fight is announced to replace directors. The shareholder meeting in March is a key date. The board believes the offer undervalues the company and highlights regulatory uncertainties. The board's strong credentials and future plans are emphasized. The discussion concludes with a note on the price being far from acceptable.
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How does the speaker describe their board?
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