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The US Foreign Investment Review Committee (CFIUS) on Sunday ordered the Qualcomm (Qualcomm) (QCOM.O) to postpone the scheduled shareholder meeting scheduled for March 6th, giving it time to make a $117 billion bid for Broadcom's transaction. The Committee put forward this request extremely unusual to doubt the new deal cast.
The intervention has highlighted the growing importance of the United States in the protection of its own semiconductor technology. CFIUS is responsible for assessing the potential impact of M & A transactions on national security, and usually does not evaluate the transaction before a merger agreement is reached. The headquarters of Bo Tong is in Singapore.
CFIUS asked Qualcomm to postpone the shareholders' meeting scheduled for Tuesday for 30 days. According to Reuters, the pressure from politicians including senior Republican Senator Corning (John Cornyn) is increasing. CFIUS has begun to examine the acquisition plan of Broadcom.

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