Tuesday 25 September 2018
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Channel News Asia
3 months ago

Broadcom loses US$19 billion in market value after bid to buy CA

REUTERS: Chipmaker Broadcom Inc s surprise bid to buy software company CA Inc for US$18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal. Citing an acquisition with no potential synergies, investors ...

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