As early as the beginning of November 2017, Broadcom intended to purchase Qualcomm at a price of $70 per share, but Qualcomm has always rejected the low price that Broadcom offered! We have to pay $90 a share! In this way, the total transaction price is expected to exceed 160 billion dollars, totaling more than 1 trillion yuan!
Broadcom is determined to acquire Qualcomm! In addition to lobbying Qualcomm in all aspects, he also forcefully nominated directors to join Qualcomm's board of directors, and recently accelerated the move of Broadcom headquarters from Singapore to the United States! To dispel the American government's doubts about the acquisition of Broadcom.
But all the efforts of Broadcom were in vain! Now Trump's ban has stopped! And it's permanent.
It was originally thought that Broadcom's acquisition of Qualcomm was just a lack of money! However, Broadcom did not expect that today it is just an acquisition that has risen to the level of US national security! Now a ban by President Trump suddenly ended the acquisition of Qualcomm by Broadcom, and the efforts of Broadcom for several months disappeared instantly!
Broadcom is really worried. Although the official statement is only two sentences long, it is obviously excited:
"Broadcom is studying the presidential decree. Broadcom strongly opposes the offer to acquire Qualcomm, which involves any national security issues."