Trump blocks Broadcom’s Qualcomm takeover on national security grounds

By  | March 13, 2018 | Comments Off on Trump blocks Broadcom’s Qualcomm takeover on national security grounds  comments 

Categories: Industry News

US President Donald Trump has blocked Broadcom’s attempted $117 billion hostile takeover of rival chipmaker Qualcomm after a US panel said it could pose a national security risk. The Committee on Foreign Investment in the United States (CFIUS), which regulates foreign investment, said that it was investigating “the …


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