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President Donald Trump's decision to block Canyon Bridge Capital Partners LLP's $1.3 billion plan to acquire Lattice Semiconductor Corp. could trip a domino effect of dealmakers calling off pending transactions.
U.S. stock futures suggest Wall Street will open higher on Thursday, as the annual gathering of central bankers in Jackson Hole, Wyoming, kicks off.
Broadcom has several catalysts which will send its stock shooting higher the remainder of 2017.