Broadcom Advances Headquarters Move From Singapore to U.S.
- Relocation date to two days before Qualcomm shareholder vote
- Government review of Qualcomm bid hinges on national security
Trump Sends Message With Broadcom Block: U.S. Tech Is Not for Sale
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Broadcom Ltd., the Singapore-based chipmaker, said it expects to complete its move to the U.S. by April 3, two days before a shareholder vote at Qualcomm Inc., the target of its $117 billion hostile takeover bid.
The company originally planned to complete redomiciliation by May 6, but has sped up the process to try to avoid a review by the Committee on Foreign Investment in the U.S. of its offer for San Diego-based Qualcomm on national security concerns.