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The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:VMW) narrowed amid a report about China’s antitrust review of the deal. The spread narrowed to $15.51 from $17.23 on Tuesday.
The parties are expected to start remedy discussions with China’s State Administration for Market Regulation, according to traders, who cited a report that was circulating on Wednesday. Further details about the report…
