Bloomberg Law
March 13, 2018, 11:29 AM UTC

Wake Up Call: Trump Blocks Giant Tech Deal, Cites Security Risks

• President Donald Trump yesterday cited national security concerns in moving to block Singapore-based Broadcom from acquiring rival chipmaker Qualcomm,most likely scuttling the $117 billion merger that would have been the largest tech deal in history. The San Diego-based Qualcomm, which has resisted the unsolicited offer since November, still faces legal fights with Apple Inc., shrinking profits, and a regulatory assault on its licensing business. ( Bloomberg )

• With special counsel Robert Mueller breathing down his neck with his Russia probe, Trump is said to be trying to bolster his legal team by hiring Williams & Connolly partner Emmet T. Flood, best ...

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