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Enterprise Information Roundup, March 13


Trump rejects

Broadcom deal

President Trump issued an government order on Monday blocking Broadcom from buying Qualcomm, scuttling a $117 billion deal that had been topic to crutiny on nationwide safety grounds. It could have been the biggest-ever expertise takeover in historical past.

In a letter to the 2 corporations on Sunday, the Committee on Overseas Funding in the US mentioned that it believes the provide by Broadcom poses nationwide safety issues. Broadcom’s headquarters is Singapore, however is within the technique of relocating its authorized base to San Jose to allay these points.

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