Broadcom ordered to postpone AGM

WASHINGTON: A United States national security panel ordered Qualcomm Inc to put off its March 6 annual shareholder meeting (AGM), delaying a long awaited showdown in the company’s attempt to see off a takeover bid by Broadcom Ltd.Separately, Broadcom said the decision was the result of secret moves made by Qualcomm on January 29 to encourage an investigation into the proposed US$117 billion (RM459.81 billion) buyout offer.