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US President Donald Trump blocks Broadcom’s $140 billion bid for Qualcomm over national security

BGR India Tuesday, 13 March 2018
US President Donald Trump blocks Broadcom’s $140 billion bid for Qualcomm over national securityIn an unusual move, US President Donald Trump blocked Singapore-based Broadcom’s $140 billion bid for rival US chipmaker Qualcomm on grounds of national security. In a presidential order on Monday, Trump claimed that “credible evidence” had led him to believe that if Broadcom were to acquire control of Qualcomm, it “might take action that threatens […]
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