Broadcom will acquire CA Technologies for $18.9 billion, just 4 months after Trump blocked its acquisition of Qualcomm (AVGO, CA)

The deal was first reported earlier on Wednesday by the Wall Street Journal, and later confirmed by CA Technologies in a press release. News of this deal comes just four months after President Trump blocked Broadcom from acquiring Qualcomm in a $103 billion hostile takeover on the grounds on national security. Broadcom, which was based in Singapore, has made moves in recent months to increase its presence in the US. …read more

Source:: Yahoo Finance

      

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