Trump pressure scuppers $140bn chipmaker takeover

From BBC - March 14, 2018

Broadcom has abandoned its $140bn bid for Qualcomm two days after it was blocked by President Trump.

The White House said there was "credible evidence" that the bid by Singapore-based chip maker Broadcom may impair the national security of the United States".

The deal would have been the world's biggest technology takeover.


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