Broadcom to stay on deal path after Qualcomm halt: analysts

Broadcom to stay on deal path after Qualcomm halt: analysts

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-qualcomm-m-a-broadcom/broadcom-to-stay-on-deal-path-after-qualcomm-halt-analysts-idUSKCN1GP1ND

Broadcom Ltd's Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker's $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday.

Broadcom to stay on deal path after Qualcomm halt: analysts

Mar 13, 2018, 3:25pm UTC
https://www.reuters.com/article/us-qualcomm-m-a-broadcom/broadcom-to-stay-on-deal-path-after-qualcomm-halt-analysts-idUSKCN1GP1ND >Broadcom Ltd's Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker's $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday.