Donald trump has blocked a deal between Qualcomm and Broadcom

The story about a possible deal between Broadcom and Qualcomm came to an end. We will remind, last year Broadcom announced the desire to buy Qualcomm for 105 billion dollars. Note that this amount, excluding debt of Qualcomm. Subject thereof, Broadcom would have to allocate for the purchase of 130 billion dollars.

The proposal was rejected, but it was followed by a new — 121 billion excluding debt. It too was rejected. Although Broadcom has claimed that the proposal — the past, the company continued to negotiate, as many Qualcomm shareholders were interested in the transaction.

Let’s not mention the numerous developments in recent weeks, as they are not very interesting. Note that for the evaluation of a possible transaction took special Commission of the CFIUS (Committee on Foreign Investment in the United States). Apparently, she did not go, because in the end, the President of the United States Donald trump has personally blocked the deal. That is, it does not take place under any circumstances. But this is not accurate.

The reason — fears that Broadcom may use Qualcomm for the purchase of certain actions that may harm U.S. national security. For those who didn’t understand what was going on, we note that Qualcomm is an American company, but Broadcom Limited (so she called) — Singapore. That is, after the merger of a major American company would have been under the control of another state. This is what I was afraid in the United States. No help came from the promise of the head of Broadcom to move the headquarters of the company in the United States, nor his personal visit to the Pentagon.

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