After being blocked via an executive order by President Trump, Broadcom has given up on their quest to acquire Qualcomm. The chipmaker will also be withdrawing the slate of independent director candidates that they were planning to nominate at Qualcomm's 2018 Annual Meeting of Stockholders. Although highly disappointed with the outcome, Broadcom respects President Trump's decision. The company also wants to thank the stockholders for their unconditional support during the entire process. With this whole Qualcomm takeover business out of the way, Broadcom will concentrate on their redomiciliation process.
View at TechPowerUp Main Site
View at TechPowerUp Main Site