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Tag: AVGO

Broadcom Brocade Merger Moving Forward

First, the bad news… The Broadcom/Brocade merger deal completion has been delayed again as the investigations at CFIUS did not complete in time.  Now lets discuss the positives.  The parties had agreed to extend the merger deadline past 1st Nov 2017.  They now anticipate the merger to be completed by 30th Nov 2017. Broadcom is […]

Broadcom Brocade merger spread is becoming tasty

The Broadcom Brocade merger spread is currently at 4.2%. If the merger is completed, investors will get $12.75 per share. The current share price as of 15/9 is $12.23. All regulatory approval had been granted except CFIUS. Application to CFIUS had been withdrawn on 17 Jul 2017 and promptly refiled. Assumming the refiling is on […]

Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Broadcom will buy Brocade for $12.75 per share in an all cash transaction. Brocade rose to 9% to $12.26 in premarket trade. Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion https://t.co/uKY6RTT8zf via @Reuters — MergerPie (@mergerpie) November 2, 2016   Information provided on this website is general in nature and does not […]

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