Trump blocks Broadcom's attempted takeover of Qualcomm
https://www.engadget.com/2018/03/12/trump-blocks-broadcom-takeover-of-qualcomm/
Broadcom's hopes of acquiring Qualcomm might have been quashed
for good. President Trump has issued an order blocking
Broadcom's proposed takeover and anything "substantially
equivalent" to it over concerns that it might "impair the
national security" of the country. The order also disqualifies
all 15 of Broadcom's proposed directors for Qualcomm. The move
follows a letter from the Committee on Foreign Investment in
the US warning the companies that it believed the takeover
would pose too great a security risk.
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--Lauren--
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