Broadcom (NASDAQ: AVGO) Confirms Regulatory Nods for VMware Deal – TipRanks.com

Broadcom (NASDAQ: AVGO) Confirms Regulatory Nods for VMware Deal – TipRanks.com

Cloud computing and virtualization technology company Broadcom (NASDAQ: AVGO) provided a regulatory update on Monday regarding its $61 billion acquisition of VMware (NYSE: VMW), which is expected to close on October 30 this year. The company stated that its proposed acquisition of VMW has received regulatory approval from the UK’s Competition and Markets Authority (CMA). The acquisition … Read more