Sunday , February 23 2025
Home / Mike Norman Economics / Wolf Richter — Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies

Wolf Richter — Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies

Summary:
President Trump signed a far-ranging executive order late Monday that blocked the 7-billion hostile takeover of Qualcomm by Broadcom, a Singapore-based company, on concerns over national security. This crushed any hopes that remained in some corners of seeing what would have been the largest tech deal ever. But the order was far broader: It blocked all such deals.... Wolf StreetTrump’s Order Stops ALL Foreign Takeovers of Large US Tech CompaniesWolf Richter

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Joel Eissenberg writes National insecurity

Mike Norman writes Zero Hedge — Pentagon Fears Foreigners Will Buy Control Of US Defense Firms Amid Coronavirus Volatility

Mike Norman writes US Is the Single Biggest Foreign Investor in Russia’s Economy — Ben Aris

Mike Norman writes Joseph P. Joyce — The Change in the U.S. Direct Investment Position

President Trump signed a far-ranging executive order late Monday that blocked the $117-billion hostile takeover of Qualcomm by Broadcom, a Singapore-based company, on concerns over national security. This crushed any hopes that remained in some corners of seeing what would have been the largest tech deal ever. But the order was far broader: It blocked all such deals....
Wolf Street
Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies
Wolf Richter
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *