This will go on and on.. Another delay. The likelihood of this deal happening at all is getting less and less
https://finance.yahoo.com/news/eu-watchdog-extends-deadline-broadcom-143132968.html
8 replies (most recent on top)
Actually, EU is happy. The reason they asked for two weeks more was to get it approved. They are issuing a warning, which is the same thing as when a traffic cop gives you a warning. You get to go on your way without being punished.
The EU is making progress with the two week extension. It's a demonstration they are reaching a positive decision, which will be a warning with an approval.
It’ll go through but with conditions (aka warnings). They likely need the time to bottom these out as will be challenged by AVGO.
What are the odds of it failing. 50:50.?
- 21345%
I wonder how many former employees like me wanting to dump our stock but sitting on the sidelines watching the train wreck getting bigger and more prolonged.
It’s only delayed by 2 weeks, and it’s mutually agreed upon so it sounds like they are making progress with the negotiations. I think EC will say yes. Not so sure about FTC though. That one is still a nail biter.
My money is on the deal going through. Microsoft’s acquisition of Activision is now likely to pass EU review and that seemed like a more clear cut case against Microsoft than Broadcom’s imho.
Companies make concessions to regulators in some areas and then we are back to biz as usual.
This will go through. There might be concessions given by BC but MD and Silverlake want their money.
What are the odds of it failing. 50:50.?