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Broadcom, VMware's $61 bn merger closing date extended by 3 months
short by Mansi Agarwal / on Saturday, 18 February, 2023
The deadline by which chipmaker Broadcom is required to complete the $61 billion acquisition of cloud computing firm VMware has been extended by three months. The new "outside date" for the deal is May 26, as per a regulatory filing. The extension comes as the deal faces regulatory scrutiny in the UK and the European Union.
read more at Reuters