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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (138974)	2/6/2018 4:09:08 AM
From: TobagoJack	Respond to of 217653

qualcomm is too much in need

To: Maurice Winn who wrote (138974)	3/12/2018 7:46:15 PM
From: Elroy Jetson	Respond to of 217653

Qualcomm shareholders keep their shares. President Trump issued an executive order Monday blocking Broadcom Ltd. from acquiring San Diego California based Qualcomm Inc., scuttling a $117-billion deal that had been subject to U.S. government scrutiny on national security grounds. Broadcom was a spin-off from Bell Labs and based in Irvine, but CEO Hock E. Tan, an MIT graduate, moved the headquarters to Singapore making Broadcom just a little too Asian for Trump's taste and those at CFIUS. Tan had grown up in adjacent Malaysia. In a bid to keep the deal together, on November 3rd Tan came to the White House to announce he was moving Broadcom's headquarters back to Irvine California. But that was not enough, Broadcom still had the stench of foreignness. The decision to block the deal was unveiled hours after Broadcom Chief Executive Hock Tan met with security officials at the Pentagon in a last-ditch effort to salvage the transaction. The president acted on a recommendation by the Committee on Foreign Investment in the United States, which reviews acquisitions of American firms by foreign investors. "There is credible evidence that leads me to believe that Broadcom Ltd." by acquiring Qualcomm "might take action that threatens to impair the national security of the United States," Trump said in the executive order. Trump's order came after an investigation by CFIUS said Broadcom's acquisition would undermine Qualcomm's leadership in 5G wireless technology, opening the door for China's Huawei Technologies Co. to become dominant. Hok E. Tan —— Donald could see he was just a little too Asian