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VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal


Shares of VMware Inc.
VMW,
-10.14%

slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s
AVGO,
-0.83%

planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to the U.S. government’s recent trade restrictions on sales of…



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