Broadcom officially drops Qualcomm bid after Trump decision
SAN JOSE, Calif. (AP) " Two days after President Donald Trump blocked Broadcom in its hostile takeover bid of U.S. chipmaker Qualcomm, the Singapore company is officially withdrawing its $117 billion bid.Broadcom Ltd. said Wednesday that it was disappointed as it withdrew its proposed candidates for the board at Qualcomm Inc., but the plans to move its headquarters to the U.S. will move forward.Broadcom's attempted takeover came at a time when countries around the world are [...]
EmoticonEmoticon