Broadcom-VMware merger gains momentum, 96% shareholders opt for stock consideration By Investing.com

Broadcom-VMware merger gains momentum, 96% shareholders opt for stock consideration By Investing.com



© Reuters.

Broadcom’s (NASDAQ:) forthcoming $69 billion acquisition of VMware (NYSE:NYSE:) is gaining momentum, with the majority of global clearances and necessary foreign investment consents in place. The deal is expected to conclude ahead of the expiration of their merger agreement. Despite the potential delay from China’s regulatory approval, which introduces an element of uncertainty, the transaction has not encountered any legal obstacles in the U.S.

On Monday, Broadcom’s…



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