Broadcom gets EU antitrust nod for CA Technologies deal
Broadcom gets EU antitrust nod for CA Technologies deal
Chipmaker Broadcom Inc said on Friday it has obtained antitrust clearance from the European Union for its $19-billion deal to acquire software company CA Technologies Inc.
Broadcom had on Wednesday said a memo, purportedly signed by the U.S. Department of Defense and circulated among lawmakers calling for a review of the deal, was likely fake.
The chipmaker said https://www.sec.gov/Archives/edgar/data/1730168/000119312518298363/d6446... it now expects the deal to close on Nov. 5, as the clearance from the EU was the last regulatory hurdle.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.