March 5, 2018 / 3:58 PM / 8 months ago

BRIEF-Qualcomm Says CFIUS Found "National Security Risks" In Broadcom's Proposed Deal

March 5 (Reuters) - Qualcomm Inc:

* QUALCOMM SAYS “BROADCOM’S CLAIMS THAT THE COMMITTEE ON FOREIGN INVESTMENT IN THE U.S. (CFIUS) INQUIRY WAS A SURPRISE TO THEM HAS NO BASIS IN FACT”

* BROADCOM HAS BEEN INTERACTING WITH CFIUS “FOR WEEKS” AND MADE TWO WRITTEN SUBMISSIONS TO CFIUS

* CFIUS DETERMINED THERE ARE “NATIONAL SECURITY RISKS” TO THE U.S. RELATED TO DEAL PROPOSED BY BROADCOM Further company coverage:

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