VMWare Down After FT Reports China Holding Up Broadcom Buyout

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By Rob Curran

Shares of VMWare slid premarket after the Financial Times reported that authorities in China were holding up chipmaker Broadcom’s multibillion dollar buyout of the maker of virtualization software in the latest salvo of the U.S.-China tech battle.

The State Administration of Market Regulation in Beijing is delaying approval of the merger deal struck in May 2022, largely in response to the Biden administration’s crackdown on exchanging U.S….



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