US committee might have issues with the Broadcom/Qualcomm deal

Broadcom's acquisition of Qualcomm may be in trouble from an unexpected source. There was a possibility that the shareholder meeting (which was scheduled for today) would scoff at the new, lower price or that antitrust authorities would object to this concentration of Wi-Fi tech (remember: Qualcomm is in the process of absorbing NXP). But no, it's the Committee on Foreign Investment in the United States (CFIUS) that caused the shareholder meeting to be delayed by 30 days. Perhaps it's not that surprising, the US has been pretty negative towards foreign companies lately. And while Broadcom...



Source: https://www.gsmarena.com/us_committee_might_have_issues_with_the_broadcom_qualcomm_deal-news-29965.php

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