President Donald Trump on Mon blocked Singapore-based Broadcom’s $117 billion bid to amass Qualcomm on national security grounds; scuttling one amongst the technical school industry’s largest takeover makes an attempt in history. “There is credible proof that leads ME to believe that Broadcom Limited…through physical exertion management of Qualcomm Incorporated, a Delaware Corporation, may take action that threatens to impair the national security within the U. S.,” Trump wrote in associate government order on Mon. “The projected takeover of Qualcomm by the emptor is prohibited, and any considerably equivalent merger,…
Read MorePresident Donald Trump blocked Singapore-based Broadcom’s $117 billion bid to acquire Qualcomm
