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Why the case for owning Broadcom is compelling with or without its $61 billion takeover of VMWare

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Why the case for owning Broadcom is compelling with or without its billion takeover of VMWare

Club holding Broadcom ‘s (AVGO) investment prospects look bright – with or without cloud software maker VMWare (VMW) under its corporate roof. For now, though, the companies remain apart after Broadcom’s planned $61 billion takeover of VMWare did not close Monday, as previously scheduled. The hold-up is Chinese antitrust regulators, who have yet to bless … Read more

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

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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. If you like this story, sign up … Read more