Broadcom Gets News Today

(Bloomberg) -- The gap between VMware Inc.’s stock price and the value of Broadcom Inc.’s proposed takeover narrowed to the smallest in two months, signaling diminished worries that the $61 billion merger will be derailed by regulators.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitUS Inflation Hits Two-Year Low, Giving...

Mon, Jul 12th 2021 3:50pm — Karl Bode While most folks didnt notice ahead of the holiday weekend, the FTC on Friday announced it would be giving chipmaker Broadcom a bit of a wrist slap after the agency found it had become an "illegal monopoly." In the FTCs complaint (pdf), the agency notes that Broadcom "illegally monopolized" both the cable modem/gateway and cable set top box markets by preventing its customers from buying products from other vendors. It did this by forcing both OEMs and se...