U.S. security panel deals major blow to Broadcom's bid for Qualcomm

U.S. security panel deals major blow to Broadcom's bid for Qualcomm

U.S. security panel deals major blow to Broadcom's bid for Qualcomm

The Committee on Foreign Investment in the United States (CFIUS), which reviews deals for potential national security concerns, rarely reviews mergers before companies have clinched an agreement. CFIUS asked Qualcomm to postpone its shareholder meeting, scheduled for Tuesday, by 30 days.

…Read the rest of this story

Source:: https://finance.yahoo.com/news/qualcomm-asked-u-security-panel-delay-shareholder-meeting-103342818–finance.html