Daily Traders Edge

Broadcom to stay on deal path after Qualcomm halt: analysts

March 13
11:08 2018

(Reuters) – Broadcom Ltd’s Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker’s $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday.

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