July 15 - 16:07
196D
Acquisition talks stall between Broadcom and Symantec
Broadcom's acquisition of Symantec looks to be off. The pair were close to an agreement but ultimately failed to agree on terms. Broadcom had agreed a provisional price of $28.25 per share but reduced it by $1.50 per share after conducting due diligence. The Symantec deal would have given Broadcom another push into software.
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