Do you think our EPIC days for the Christmas break are safe even if the deal happens before?
Any possibilities for Broadcom to remove them like it was done for ESPP?
16 replies (most recent on top)
Keep it means introducing EPIC days in Broadcom, why they do that?
If EPIC days are your only worry then good luck.
Those days in 2022 are safe. the close will not happen until Q2 2023, at the earliest. I have no insider information, it’s just normal business transactions timeline based on other deals.
As for the EU regulators not caring because VMware is not consumer technology you misunderstand the complaint. The complainers are key governments and companies of the EU who understand that Hock is going to stop innovating and crank up their prices. No way this is happening in November this year.
It's NOT happening in November. The stock grants this summer had a first for VMware one third cliff vest six months later in March 2023 to ensure key people get paid off with more vested shares BEFORE the acquisition. So it will happen sometime after March 2023.
Take a Break Days, EPIC days, i have never understood why Betsy thinks you can simply buy people off with extra days and shut down a global 24/7 IT business for effectively 2 weeks, i know someone who has more than 40 days off this year, our customers don't stop, its insane to think you can just close down and turn the lights off. Enjoy them while you can, of course they will be stopped with all the other frills.
on blind, in an meeting with Hock and execs, Hock allegedly said he was worried he would have to extend timeline acquisition to 2024 because of EU. everyone here saying Nov is talking out of their a-s, just because he knew about regulation doesnt mean itll go faster, enterprise customers can push their weight
Hoc knew about the EU regulators before he made the offer. Game over in November.
November 31, 4 realz
EU won’t stand in the way until they get their concessions since they are vmware customers themselves, but on average it takes a year to go through phase 2
https://www.clearygottlieb.com/-/media/organize-archive/cgsh/files/2017/publications/concurrences-real-review-timetables-under-the-eu-merger-regulation-2017_cook-05-31-17.pdf
Not a peep from the EU afaik, as they are just coming out of the August hibernation - the poor things.
Don’t expect speedy results unless they are sufficiently bribed and frankly, that seem right up Hock’s alley.
Popcorn time
The amount of money involved is huge. No EU regulator will stand in the way especially since this is not consumer technology. Hoc doesn’t care if it’s the holidays. November 1. He’s not paying 70B for nothing. The goal for EBITDA will be achieved ahead of plan.
AVGO is a workplace, not band camp. Christmas shutdown, that’s a joke
How can you promise? Are you in Hock's inner circle?
November 1.
I love how the poster below and others are so confident the deal will not close this year.
How on earth could you know that? Do you work for the EU? Do you work for the Broadcom M&A department?
There is certainly a decent chance it could close next year, but there are zero guarantees of that, and I promise you Hock is pushing to close ASAP
Deal will not close in 2022, Christmas break shutdown is safe this year