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Broadcom

Broadcom begins soliciting shareholder votes to replace Qualcomm board members. Broadcom said Friday that it has begun reaching out to Qualcomm shareholders to secure their votes to replace the San Diego company’s broad members, the latest maneuver in its hostile takeover attempt of the local smartphone chip maker. Source 6n.

Broadcom

President Trump blocks Broadcom's bid to acquire Qualcomm. President Donald Trump has blocked Broadcom’s hostile takeover attempt of San Diego’s Qualcomm on the grounds that a deal “threatens to impair the national security of the United States.” Source 3f.