Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher


VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom’s (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly. 

China’s State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter.

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Approval of the $60 billion purchase will boost…



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