Qualcomm says it will lose two big customers if acquired by Broadcom

Last Thursday, we told you that Qualcomm had rejected Broadcom’s $121 billion offer to buy the company. The $82 a share bid includes $60 in cash and $22 in Broadcom stock, and reportedly features a higher than average break-up fee. This is a cash settlement that Qualcomm would receive in case U.S. regulators decide not to clear a transaction between the two chipmakers. In a published letter from Qualcomm Chairman Paul Jacobs to Broadcom president and CEO Hock Tan, Jacobs mentioned two things that prevent Qualcomm from agreeing to the deal. One is valuation, and the second is “deal certainty.”

Qualcomm …