Treasury's Qualcomm Reversal

Well, that was fast, and only in time. The Treasury Department announced really late Sunday that it has systematic Qualcomm Inc. to postpone for 30 days a shareholder opinion for directors in a takeover fight with Broadcom Ltd. Treasury pronounced a check will give a interagency Committee on Foreign Investment in a U.S. (Cfius) “the ability to examine entirely Broadcom’s due merger of Qualcomm.”

This is a right decision, though a fascinating doubt is because Treasury altered a mind. Our sources contend that even late…

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