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VMWare (NYSE:VMW) dropped 11% in premarket trading amid a report about China’s review of the firm’s more than $60 billion sale to Broadcom (NASDAQ:AVGO). Broadcome fell 1.6%.
The timing of the China antitrust regulator’s deal approval appears to now depend on the macro environment, according to traders, who cited a report that was circulating on Tuesday.
While there don’t appear to be issues with the proposed remedy, the China…