My favorite Broadcom $AVGO company is about to rock 🔥.
US chipmaker Broadcom is set to get conditional EU antitrust approval for its proposed $61 billion acquisition of VMware!
We won't have clarity until June 17, the day the authority will issue its decision. What are your preliminary thoughts on this deal and merger?
Osobista opinia członka społeczności, nie rekomendacja inwestycyjna. Zasady społeczności
It's definitely great news for investors. I don't invest in the company and I don't have much interest in it. However, as I watch and read, I think I made a mistake and will take a closer look at the company.
Well, hopefully that connection will happen. I have read about the Commission's warning that the transaction could lead to 'higher prices, lower quality and less innovation in the sector.
On the one hand, there is potential, but there is also the risk of overpaying and unmet expectations. I'm a shareholder in $AVGO, so I'll hope for the best, of course.
So surely financially it must make sense to them, otherwise they wouldn't be offered that amount. It'll be rather interesting to see how they put it together and how it works out.
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