Qualcomm is pushing back its pivotal shareholder meeting this week amid a regulatory review


Massive chipmaker Qualcomm, currently targeted by aggressive acquisition attempts by Broadcom, is now delaying a pivotal meeting with shareholders this week that would determine its fate going forward by at least a month to comply with regulators regarding the deal.

The CFIUS — the Committee on Foreign Investment in the United States — has requested that Qualcomm delay the meeting while it reviews Broadcom’s moves to try to acquire the company. Qualcomm said in a statement today that it would comply with that request and push back the shareholder meeting by at least 30 days. It’s the latest major salvo in one of the largest biggest deals of all time to acquire the $95 billion fabless chipmaker in what would be a massive consolidation of the industry owned by…

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