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This might be a bit in the weeds but this is related to broadcom moving their head quarters back to the US. If you work in the merger arbitrage space you'll kn

This might be a bit in the weeds but this is related to broadcom moving their head quarters back to the US. If you work in the merger arbitrage space you'll know about CIFUS, the US committee on foreign investment. Since the silicon space has had so many deals recently and is looking at more consolidation, moving their headquarters back to the US removes one possible legal obstacle to buying up other semi conductors chip makers as CIFUS won't review any deals where a US company buys another US company. I mean, broadcom's sweetheart deal with Singapore is almost over as well, so the financial benefits are probably over. That probably plays into their move as well:) If this ploy works, look for several Chinese companies to buy US companies and looking to do reverse takeovers to get a US address for their company to attempt to avoid the CIFUS review. http://money.cnn.com/2017/11/02/news/companies/broadcom-singapore-us-move-trump/index.html http://money.cnn.com/2017/11/02/news/companies/broadcom-sing...

TheAdamAndChe 9y ago
Beyond high level corporate jobs, would moving headquarters back to the US lead to more lower-class and/or manufacturing jobs? Or would the company just be based in the US on paper?
- reaperducer 9y ago
  The company stated that it will expand its employment in the U.S. Mostly in research, I believe.
adventured 9y ago
> If this ploy works, look for several Chinese companies to buy US companies and looking to do reverse takeovers to get a US address for their company to attempt to avoid the CIFUS review. That's not how review works. They look at the ownership of the company in question. It's not enough to just pretend to have a US shell doing the buying, while it hides a Chinese government parent. For reference, according to the CEO of Broadcom, his company is ~90% owned by US investors. Just having a Chinese entity (whether Alibaba or a government corporation) holding a large ownership position in the company doing the acquiring, is enough to trigger review and a possible rejection depending on what's being acquired.

TheAdamAndChe 9y ago

Beyond high level corporate jobs, would moving headquarters back to the US lead to more lower-class and/or manufacturing jobs? Or would the company just be based in the US on paper?

reaperducer 9y ago
The company stated that it will expand its employment in the U.S. Mostly in research, I believe.

adventured 9y ago

> If this ploy works, look for several Chinese companies to buy US companies and looking to do reverse takeovers to get a US address for their company to attempt to avoid the CIFUS review. That's not how review works. They look at the ownership of the company in question. It's not enough to just pretend to have a US shell doing the buying, while it hides a Chinese government parent. For reference, according to the CEO of Broadcom, his company is ~90% owned by US investors. Just having a Chinese entity (whether Alibaba or a government corporation) holding a large ownership position in the company doing the acquiring, is enough to trigger review and a possible rejection depending on what's being acquired.