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Broadcom Shareholders: Don't Spend The Money Yet If You're Still Sitting On The Stock
2015-06-01 04:02:45| Electronics - Topix.net
Broadcom co-founder Henry T. Nicholas III and owner of 25% of the company's stock announced to the Los Angeles Times that he's "giddy" over the proposed $37 billion proposed acquisition by Avago Technologies . I'd be giddy as well but also a little wary about the prospects for the deal being approved by the US Department of Justice ).
Broadcom Shareholders: Don't Spend The Money Yet If You're Still Sitting On The Stock
2015-06-01 01:43:36| Semiconductors - Topix.net
Broadcom co-founder Henry T. Nicholas III and owner of 25% of the company's stock announced to the Los Angeles Times that he's "giddy" over the proposed $37 billion proposed acquisition by Avago Technologies . I'd be giddy as well but also a little wary about the prospects for the deal being approved by the US Department of Justice ).
Avago Buys Rival Broadcom For $37 Billion
2015-05-31 11:20:06| Electronics - Topix.net
Although the wireless and wired communication market is growing rapidly worldwide, when it comes to the production of chip conductors being used in these gadgets, the demand has slowed over the years. This has led to a pattern among chip-making companies to merge in order to consolidate and be among the top ranked players.
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Avago Buys Rival Broadcom for $37B
2015-05-30 10:52:10| Semiconductors - Topix.net
Chipmaker Avago Technologies is buying Broadcom Corp. for $37 billion in a cash and stock transaction. When the acquisition is complete, the merged company may not be the largest semiconductor company in the world but it will be an industry behemoth with annual revenues of about $15 billion.
Why did Broadcom Corp.'s stock keep rising after takeover agreement?
2015-05-30 02:45:32| Chemicals - Topix.net
The cash portion of Avago Technologies Ltd.'s cash-and-stock takeover offer for rival chip maker Broadcom Corp. is $54.50 a share. So why did Broadcom's stock trade as high as $57.30 a share Friday before closing at $56.85, up 4% from the cash offer? Several reasons, analysts said, including speculation that perhaps another suitor might surface for Irvine-based Broadcom, a leading maker of semiconductors for smartphones, Internet systems and other products.
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