China Finally Bites on Broadcom (NASDAQ:AVGO) / VMWare (NYSE:VWM) Merger – TipRanks.com

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It’s the merger some of us have been waiting for for months. The merger between chip stock Broadcom (NASDAQ:AVGO) and VMWare (NASDAQ:VMW) has finally received Chinese approval, and can go through. It’s proven very little in the way of good for either company, though, as Broadcom slumped nearly 1.5% in Tuesday morning’s trading session, and VMWare slid a staggering 4.7% in response.

The approval, after some delay, finally came down from the State Administration of Market Regulation…



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