(Reuters) – Broadcom Ltd’s (AVGO.O) Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker’s $117 billion bid for Qualcomm Inc (QCOM.O) was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday.

Hock Tan, CEO of Broadcom, speaks on the floor of the New York Stock Exchange shortly before the opening bell in New York, U.S., February 12, 2018. Picture taken February 12, 2018. REUTERS/Lucas Jackson

Trump signed an order late on Monday to halt what would have

Read More At Article Source | Article Attribution