In a research note this morning, financial analyst Rohmit Shah of Normua Instinet said these are among Broadcom's alternatves at this stage:
"(1) Broadcom could announce a slate of directors to be voted on at the QCOM annual meeting. The nomination deadline is December 8, though shareholders could call a special meeting at other times during the year...
(2) The company could launch a public exchange offer for all shares of QCOM—at the current $70 value or at a different price. Acceptance of shares would be contingent upon entry into a merger agreement and receipt of regulatory approvals. With those conditions, the offer would signify shareholder support for a deal.
(3) In light of regulatory uncertainty, Broadcom can build credibility by filing for regulatory approval even without a merger agreement in place."