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VMware Stockholders Will Get a Windfall in Broadcom Merger

VMware investors are breathing a sigh of relief that the company’s megamerger deal with Broadcom received Chinese regulatory approval and is set to close Wednesday. There had been concern that the cash-and-stock deal that Barron’s estimates is valued at $83 billion might die without Chinese approval because of trade and economic tensions between the U.S. and China. The vast majority of VMware shareholders (ticker: VMW) will get a windfall thanks to the run-up in Broadcom stock (AVGO) since the deal was announced.
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