Broadcom Buys CA Technologies As A $18.9 Billion Consolation Prize
Broadcom announced yesterday that it has agreed to acquire CA Technologies for $18.9 billion. The acquisition offers minimal growth.... Broadcom Inc., a semiconductor maker whose acquisitions have reshaped the chip industry, agreed to acquire CA Technologies for $18.9 billion in cash, branching out into corporate software to diversify its business.. Broadcom buys CA Technologies as a $18.9 billion consolation prize. Wei Shi. Written by Wei Shi; 12 July 2018 @ 13:55. Broadcom announced it is going to.... This represents a premium of approximately 20% to the closing price of CA common stock on July 11, 2018 , the last trading day prior to the transaction.... Jump to Broadcom purchased CA Technologies for $18.9 billion - Broadcom and CA Technologies ... to find a consolation in strategic ... We buy the companies having very important technologies. ... Stock price dynamics.... Broadcom Buys CA Technologies for $18.9 Billion ... of approximately 20 percent to the closing price of CA Technologies' common stock today.. Broadcom and CA Technologies on Wednesday announced that Broadcom has agreed to acquire the enterprise technology company for $18.9 billion in cash. The deal values CA stock at about $44.50 per share, or a premium of about 20 percent to the closing price of CA common stock on July 11.. Tech companies drop massive sums of money on acquisitions, like IBM's $34 ... However, you won't find futile efforts like Broadcom's blocked $121 billion deal to buy ... Instead, Broadcom's consolation prize is an $18.9 billion acquisition of enterprise software company CA Technologies, which closed in November 2018.
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