Link: Broadcom/Qualcomm stopped by Trump

‘For capital markets, this is unprecedented. A deal that didn’t even exist has been blocked by a U.S. president, who also apparently has the power to determine who can and can’t stand for election to a private sector company’s board of directors. And all of this was enabled by a regulatory body focused on foreign acquisitions of U.S. companies, even though the acquirer was scheduled to stop being “foreign” in just a few weeks.

Link: Broadcom/Qualcomm stopped by Trump

‘For capital markets, this is unprecedented. A deal that didn’t even exist has been blocked by a U.S. president, who also apparently has the power to determine who can and can’t stand for election to a private sector company’s board of directors. And all of this was enabled by a regulatory body focused on foreign acquisitions of U.S. companies, even though the acquirer was scheduled to stop being “foreign” in just a few weeks.

Link: Broadcom/Qualcomm stopped by Trump

‘For capital markets, this is unprecedented. A deal that didn’t even exist has been blocked by a U.S. president, who also apparently has the power to determine who can and can’t stand for election to a private sector company’s board of directors. And all of this was enabled by a regulatory body focused on foreign acquisitions of U.S. companies, even though the acquirer was scheduled to stop being “foreign” in just a few weeks.