Deals
Broadcom Analysts Noted Perks of Moving HQ, Then Got Validation
Photographer: Patrick T. Fallon/Bloomberg
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Analysts have spent the last 24 hours speculating that one reason Broadcom is moving its headquarters to the U.S. from Singapore is that it makes U.S. acquisitions easier. Maybe they were right.
Just a day after the chipmaker disclosed the relocation plan, people familiar with the situation told Bloomberg News that Broadcom is considering a bid of more than $100 billion for Qualcomm.