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The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:NYSE:VMW) narrowed amid a report about China’s review of the combination. The spread narrowed to $8.62 from $9.56 on Monday.
China’s State Administration for Market Regulation is likely to approve the deal without major changes, according to traders, who cited a report that was circulating on Tuesday. Approval may still be weeks away, and a market…
