VMware started cutting jobs this week as Broadcom prepares to acquire it. Broadcom has said it expects to close the deal October 30, although China could hold it up. Previously, Insider reported that Broadcom was planning drastic job cuts for VMware. VMware has begun job cuts this week as a deadline for Broadcom’s planned acquisition … Read more
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Sundry Photography/iStock Editorial via Getty Images Broadcom (NASDAQ:AVGO) and VMware (NYSE:VMW) set Oct. 23 as the deadline for VMware holders to elect the form of merger consideration they will take. VMW rose 1.1% in premarket trading. The companies reiterated that they expect to close the transaction by Oct. 30, subject to the receipt of regulatory … Read more
SAN JOSE, Calif. & PALO ALTO, Calif.–(BUSINESS WIRE)–Oct 18, 2023– Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that the deadline for VMware stockholders of record to elect the form of merger consideration they wish to receive in connection with Broadcom’s acquisition of VMware (the “Transaction”) is 5:00 p.m. Eastern Time on… … Read more
SAN JOSE, Calif. and PALO ALTO, Calif., Oct. 18, 2023 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that the deadline for VMware stockholders of record to elect the form of merger consideration they wish to receive in connection with Broadcom’s acquisition of VMware (the “Transaction”) is 5:00 p.m. Eastern Time … Read more