In 2018, Broadcom’s $120 billion bid to acquire Qualcomm was rejected, with the Trump administration citing national security concerns. Broadcom later withdrew the offer, leading to a surge in its shares by 24% and reaching a market cap exceeding $1 trillion. Since abandoning the Qualcomm bid, Broadcom’s shares have increased by over 760%, surpassing Qualcomm’s gain of 165% and outperforming the S&P 500’s 119% rise.
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Woman charged in liquor store shooting, Chicago police say
A woman, Angeles Flores, was arrested and charged for a shooting at a liquor store in New City that left five people injured. The incident occurred after an argument between two groups inside the store, where Flores and a male companion fired shots at the victims. Flores is facing multiple felony counts for attempted first degree murder and aggravated discharge of a firearm, and is scheduled to appear in court on Monday. Full Article
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