Broadcom abandons its $117B takeover bid for Qualcomm after opposition from President Donald Trump (Bloomberg)

Broadcom abandons its $117B takeover bid for Qualcomm after opposition from President Donald Trump (Bloomberg)

Bloomberg:
Broadcom abandons its $117B takeover bid for Qualcomm after opposition from President Donald Trump  —  Chipmaker Broadcom Ltd. has abandoned its $117 billion takeover bid for Qualcomm Inc., Bloomberg News reports.  —  The decision was made after U.S. President Donald Trump blocked the deal on grounds of national security.

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