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Qualcomm accuses Broadcom of lying

Illustration: Rebecca Zisser / Axios

The hostile takeover battle between Broadcom and Qualcomm keeps getting nastier, with the latter now accusing the former of lying about a U.S. national security review into the proposed tie-up:

Broadcom’s claims that the [Committee on Foreign Investment in the U.S.] inquiry was a surprise to them has no basis in fact. Broadcom has been interacting with CFIUS for weeks and made two written submissions to CFIUS.
— Qualcomm statement