Broadcom's buyout of Qualcomm bogs down as DC blocks merger

Broadcom's buyout of Qualcomm bogs down as DC blocks merger

6 years ago
Anonymous $gIi3-PxxKB

https://www.theregister.co.uk/2018/03/12/trump_blocks_broadcoms_buyout_bid_for_qualcomm/

The White House crushed Broadcom's bid for Qualcomm, declaring the deal cannot go due to national security concerns.

An executive order, handed down by the Trump administration on Monday, says that at the urging of the Committee on Foreign Investment in the United States, the President has decided to prohibit the deal and to block all 15 of Broadcom's nominees for Qualcomm's board of directors.

Broadcom's buyout of Qualcomm bogs down as DC blocks merger

Mar 13, 2018, 12:17am UTC
https://www.theregister.co.uk/2018/03/12/trump_blocks_broadcoms_buyout_bid_for_qualcomm/ >The White House crushed Broadcom's bid for Qualcomm, declaring the deal cannot go due to national security concerns. >An executive order, handed down by the Trump administration on Monday, says that at the urging of the Committee on Foreign Investment in the United States, the President has decided to prohibit the deal and to block all 15 of Broadcom's nominees for Qualcomm's board of directors.