President Trump issues executive order blocking Broadcom's takeover of Qualcomm

President Donald Trump on Monday blocked [executive order] the hostile takeover of mobile chip giant Qualcomm by Singapore-based Broadcom [corporate websites]. The executive order notes that Section 721 of the Defense Production Act [text, PDF] allows the president and the Committee on Foreign Investment in the US (CFIUS) [official website] to review, investigate, and take […]

More Latest News

Leave a Reply

Your email address will not be published.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