US President blocks Singapore’s Broadcom from buying out US Qualcomm citing national security concerns

President Donald Trump killed Broadcom proposed buyout of Qualcomm citing national security concerns, according to a statement issued by the White House on Monday. “There is credible evidence that leads me to believe that Broadcom Limited, a limited company organized under the laws of Singapore (Broadcom)…through exercising control of Qualcomm Incorporated …

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