Broadcom to end bid for Qualcomm, keeps plan to move to U.S.: sources
Posted by The Associated Press on 13th March 2018

This post was originally posted on REUTERS TOP NEWS

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(Reuters) – Singapore-based Broadcom Ltd is planning to scrap its bid for Qualcomm Inc , after U.S. President Donald Trump blocked the chipmaker’s proposed acquisition on national security grounds earlier this week, although it will press on with its plan to move its base to the United States, according to sources familiar with the matter.