U.S. says Broadcom violated order in process of moving domicile
The Treasury’s complaint potentially complicates Broadcom’s unsolicited $117-billion offer to buy rival Qualcomm Inc (QCOM.O), which is being reviewed by the Committee on Foreign Investment in the United States (CFIUS) for potential national security threats. Broadcom, incorporated in Singapore and co-headquartered there and in San Jose, California, is seeking to allay security concerns by becoming a U.S. corporation, a process which it said on Monday would be complete by April 3.
Source:: https://finance.yahoo.com/news/u-government-says-broadcom-violated-135801907.html
