Tuesday, 7 November 2017
quote [ The company credits the GOP plan with making it easier to do business in the U.S. “America is once again the best place to lead a business with a global footprint,” Broadcom CEO Hock Tan said. ]
Well, that didn't take long. The TPP was killed back in January. Broadcomm has been here a week and has already started a takeover attempt and has just announced that they may go hostile with it if the offer isn't accepted. Interested to see how many shell corporations are funneling Chinese govt. money into BC's coffers in Singapore for this.
|
norok said[1] @ 5:37pm GMT on 7th Nov
Chinese govt. and Chinese wealthy are kind of synonymous... being the country is an odd mix of Capital/Socialism making it better defined as an oligarchy. The Chinese have been absconding their wealth in a multitude of ways from Seattle and Canadian real estate to Bitcoin.
I think it's more likely a strategic move to expedite the takeover after a major blow to Qualcomm. It was cited this week that Apple will discontinue using their chips for the 2018 line of products. |