March 12, 2018 / 1:59 PM / 2 months ago

US government says Broadcom violated order in Qualcomm merger bid

WASHINGTON, March 12 (Reuters) - Chipmaker Broadcom Ltd violated an order from a national security panel in a bid to push for a merger with rival Qualcomm Inc, the U.S. Treasury Department said in a letter.

The letter, which was dated Sunday, said that Broadcom “took a series of actions in violation” of a previous order from Treasury.

Broadcom has been seeking to merge with Qualcomm, which has sought to fend off the takeover. (Reporting by Diane Bartz Editing by Chizu Nomiyama)

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