What does everyone think this means for the acquisition and its timing? Does this mean the chances are greater the deal will fall through? Could it at least slow down the deal?
9 replies (most recent on top)
itll slow it down but theres NO similarities to Qualcomm other than Broadcom is involved, thats just bad reporting
Post from TheLayoff.com
Qualcomm fell through because of a presidential executive order, not because of a "second request"
@1pxf+1ja5qSO1 - as they also pointed out in the same article, Broadcom said the exactly same thing before the Qualcomm acquisition fell through after a "second request"
What about incentive resets in feb. Can they take these away after?
“For a transaction of this size, a second request is common practice and not unexpected,” Broadcom said in a statement it attributed to an unnamed spokesperson. “Broadcom Inc. and VMware, Inc. intend to cooperate fully with the FTC and are confident that regulatory approval will be obtained,” according to the statement.
https://www.crn.com/news/channel-news/ftc-second-request-investigation-of-broadcom-vmware-deal-launches-5-things-to-know
IF this thing goes to May, Hock and leadership are going to be pi---d some of that stock they gave us will vest.
note that during the holidays progress is going to be VERY slow - Europe takes it's holidays VERY seriously much more so than the US which itself is slow. Expect very little progress, IF ANY, from mid Nov to mid Jan.
no, it will not fall through but it will add a couple of months to the process... the original deal was supposed to finalize by end Feb. I am thinking this will extend it to May 2023.
Yes and no