Statements & Remarks

Statement on CFIUS Action

Washington – The U.S. Department of the Treasury today issued the following statement from a Treasury Spokesperson on Broadcom’s proposed acquisition of Qualcomm:

“The Committee on Foreign Investment in the United States (CFIUS) issued an interim order to Qualcomm directing it to postpone its annual stockholders meeting and election of directors by 30 days. This measure will afford CFIUS the ability to investigate fully Broadcom’s proposed acquisition of Qualcomm.”