Qualcomm's Antitrust Baggage Expected to Weigh On Broadcom Review [Bloomberg Business News]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Bloomberg Business News
Broadcom Ltd.’s $105 billion takeover bid for Qualcomm Inc. will have to overcome regulatory scrutiny across the globe over the chipmakers’ supply of key components for smartphones, a review likely to be made tougher by Qualcomm’s history of run-ins with antitrust enforcers. Qualcomm, mired in a legal dispute with Apple Inc. and a frequent target for regulators worldwide over its technology-licensing practices, is planning to tell shareholders that lengthy and uncertain governmental reviews of the deal may cast doubt on the value of the plan, people familiar with the deal said . Broadcom and Qualcomm each have already had to push back deadlines for existing takeover agreements with smaller chipmakers as officials take closer looks. “If this combination of these two major tech giants goes ahead, it will certainly be given a good hard look by antitrust regulators in Brussels and around the world," said Dave Anderson , a lawyer at Berwin Leighton Paisner LLP in Brussels.
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News
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QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website