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elleng

(130,126 posts)
Mon Mar 12, 2018, 07:16 PM Mar 2018

Trump Blocks Broadcoms Bid for Qualcomm.

'President Trump on Monday blocked Broadcom’s $117 billion bid for the chip maker Qualcomm, citing national security concerns and punctuating his administration’s increasingly protectionist stance.

In a presidential order, Mr. Trump said “there is credible evidence” that led him to believe Singapore-based Broadcom’s control of Qualcomm, which is based in San Diego, “might take action that threatens to impair the national security of the United States.”

The extraordinary decision by the president underscored the increasingly protectionist stance his administration has taken in recent weeks to shelter American companies and ward off foreign investment in the United States.

It followed an intervention this month by the Committee on Foreign Investment in the United States, which typically works behind closed doors and reviews deals only after they are announced, to stall the deal because of national security concerns.'>>>

https://www.nytimes.com/2018/03/12/technology/trump-broadcom-qualcomm-merger.html?

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Trump Blocks Broadcoms Bid for Qualcomm. (Original Post) elleng Mar 2018 OP
I wonder if that is what he is going to try and pull to keep Stormy Danniels from appearing on 60 still_one Mar 2018 #1

still_one

(91,945 posts)
1. I wonder if that is what he is going to try and pull to keep Stormy Danniels from appearing on 60
Mon Mar 12, 2018, 07:18 PM
Mar 2018

minutes

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