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Will Broadcom still move their HQ to the US? https://www.reuters.com/article/us-qualcomm-m-a-broadcom/singapore-based-broadcom-to-redomicile-to-us-by-april-3-i
by sqdbps 9y ago
Will Broadcom still move their HQ to the US?
https://www.reuters.com/article/us-qualcomm-m-a-broadcom/singapore-based-broadcom-to-redomicile-to-us-by-april-3-idUSKCN1GO15X https://www.reuters.com/article/us-qualcomm-m-a-broadcom/sin...
And will Intel buy any of the companies involved?
https://www.wsj.com/articles/intel-considers-possible-bid-for-broadcom- https://www.wsj.com/articles/intel-considers-possible-bid-fo...
- adventured 9y agoYes, it's practically guaranteed Broadcom will still relocate to the US. For at least two reasons. 1) The domicile issue nearly prevented Broadcom from acquiring Brocade previously. They're going to continue to get blocked, as CFIUS gets more aggressive. There's zero benefit to remaining in Singapore for Broadcom. Their corporate income tax rate is barely lower than the US now as well. 2) Broadcom may want to attempt another shot at acquiring Qualcomm later, or perhaps another large US tech trophy. They won't be able to do that from Singapore.