Broadcom/Qualcomm decision seen as a first
Rick Merritt, EETimes
3/14/2018 00:01 AM EDT
SAN JOSE, Calif. — The Trump Administration set a new precedent by prohibiting Broadcom’s hostile takeover of Qualcomm before shareholders got a vote. Analysts were mixed over whether such executive power is a good thing, but they agreed that the semiconductor industry — and Broadcom — will continue to pursue big deals.
Trump blocked an acquisition of Lattice in September, “but this was a much smaller deal and the private-equity company behind the deal had China backing,” noted Kevin Krewell of Tirias Research.
Click here to read more ...