How Broadcom vs. Qualcomm went from hostile takeover bid to a Trump blockade
March 12, 2018 at 20:53 PM EDT
Broadcom Ltd. and Qualcomm Corp. appeared to be in a pretty standard hostile-takeover fight for months, but that script was suddenly upended last week with a surprising intervention by the U.S. government that ratcheted quickly and culminated with President Donald Trump saying he was blocking the record-breaking deal late Monday.