According to Reuters, the U.S. Foreign Investment Committee has informed Broadcom that it will not act arbitrarily to move its headquarters to the United States. Regardless of any measure, CFIUS must be notified 5 working days in advance. bsm300gb120dlc

Broadcom said today that it expects to complete the migration from Singapore to the United States by May 6, and said that it today requested the Singapore court to order an extraordinary shareholders meeting to approve the move. The meeting is scheduled to be held on March 23.

CFIUS has ordered Qualcomm to postpone the shareholders’ meeting in order to more fully investigate the security implications of Broadcom’s hostile takeover of Qualcomm. j2-q04a-d

As for the terms of the U.S. Overseas Investment Commission, “We know the order of these terms and fully comply with them,” Broadcom told Reuters.

Earlier, there was a sensational report that Intel might respond to Broadcom’s deal with Qualcomm through the acquisition of Broadcom itself, which is currently up 3.7% in a few hours.