KM Financial Solutions | UPDATE 9-President Trump halts Broadcom takeover of Qualcomm
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UPDATE 9-President Trump halts Broadcom takeover of Qualcomm

UPDATE 9-President Trump halts Broadcom takeover of Qualcomm

March 12 (Reuters) – U.S. President Donald Trump on Monday
blocked microchip maker Broadcom Ltd’s proposed takeover
of Qualcomm Inc on national security grounds, ending
what would have been the technology industry’s biggest deal ever
amid concerns that it would give China the upper hand in mobile
communications.

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