For more than a year, a planned merger deal has been a big factor driving price action for shares in VMware (NYSE:VMW). As you may recall, back in May 2022, Broadcom (NASDAQ:AVGO) announced plans to acquire all outstanding shares of VMW stock.
Required regulatory reviews have delayed the merger, as the transaction could give Broadcom tremendous competitive advantages. However, with the deal all but getting full regulatory approval, it appears set to close by year’s end.
This makes…