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: FDI, national security
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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: FDI, national security
This could be interesting, too:
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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