March 13, 2018 / 1:08 AM / in 3 months

BRIEF-Qualcomm Says It Received Presidential Order To Abandon Proposed Takeover Of Co By Broadcom

March 12 (Reuters) - Qualcomm Inc:

* RECEIVED A PRESIDENTIAL ORDER TO IMMEDIATELY AND PERMANENTLY ABANDON THE PROPOSED TAKEOVER OF QUALCOMM BY BROADCOM LIMITED

* ALL OF BROADCOM’S DIRECTOR NOMINEES ARE ALSO DISQUALIFIED FROM STANDING FOR ELECTION AS DIRECTORS OF QUALCOMM

* CO ALSO ORDERED TO RECONVENE ITS 2018 ANNUAL MEETING ON EARLIEST POSSIBLE DATE, WHICH BASED ON REQUIRED NOTICE PERIOD, IS MARCH 23, 2018‍​ Further company coverage:

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