Fight between JANA partners and Qualcomm board is getting heated. Both parties, specially the idiots at JANA don't seem to understand or for that matter care for long term future of the company. All they seem to care about spinning off chip division away from QTL. Not understanding the synergy between the two division. They seem to be interested in creating a separate ticker for the chip business. Just sounds pretty ill conceived.
If this fight gets ugly we will see our board being replaced by JANA puppets, or the current ones acting like so.
Once JANA gets what it wants the rest will be crash and burn. Here is the article on it.
http://www.thestreet.com/story/13221789/1/why-qualcomm-could-end-up-as-the-biggest-proxy-fight-ever.html