Qualcomm deal is dead, but Broadcom coming to the US anyway
https://www.cnet.com/news/qualcomm-deal-is-dead-but-broadcom-coming-to-the-us-anyway/
Broadcom, which is based in Singapore, will incorporate its business in Delaware next month. While the chipmaking giant has operations in the US, it moved its "domicile" of incorporation to Singapore in 2016 when Broadcom merged with Avago. Initially announced last November, Broadcom is expected to complete redomiciliation in the US on April 4.
Incorporating in the US paves the way for Broadcom to buy other American companies because it will escape the jurisdiction of the Committee for Foreign Investment in the US, or CFIUS, which looks at deals between foreign and US companies.
Qualcomm deal is dead, but Broadcom coming to the US anyway
Mar 23, 2018, 11:14pm UTC
https://www.cnet.com/news/qualcomm-deal-is-dead-but-broadcom-coming-to-the-us-anyway/
>Broadcom, which is based in Singapore, will incorporate its business in Delaware next month. While the chipmaking giant has operations in the US, it moved its "domicile" of incorporation to Singapore in 2016 when Broadcom merged with Avago. Initially announced last November, Broadcom is expected to complete redomiciliation in the US on April 4.
>Incorporating in the US paves the way for Broadcom to buy other American companies because it will escape the jurisdiction of the Committee for Foreign Investment in the US, or CFIUS, which looks at deals between foreign and US companies.