Broadcom is hoping its latest letter, this time to Congress will convince an inter-agency, national-security focused review panel to drop its review of the chipmaker's hostile bid to buy Qualcomm.
No strategic review was revealed but one is ongoing at the technology company, TheStreet has learned.
In response, Qualcomm claimed that Broadcom was 'deliberately seeking to mislead shareholders and the general public.'
Icahn has returns of almost $1 billion on his investment in the nutritional supplements company while the Pershing Square Capital Management chief exited his short position deep in the red
The insurgent manager that helped engineer the Amazon-Whole Foods combination just offered up a window into his latest allocations, any of which could soon become campaigns. Both Jana Partners and Warren Buffett's Berkshire Hathaway Inc. reported new positions in Teva
The CEO called any idea about canceling a partnership that predated its Fuji merger "ludicrous," even as two large shareholders are seeking to block the deal.
The activist investor is urging the maker of Rubbermaid containers, Mr. Coffee machines and Elmer's glue to table divestiture plans announced last month until shareholders get to vote on the insurgent's ten director candidates.
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