VMware/Broadcom deal spread widens amid notice of FTC closed door meeting
https://seekingalpha.com/news/4002489-vmwarebroadcom-deal-spread-widens-amid-notice-of-ftc-closed-door-metting
6 replies (most recent on top)
The "law enforcement matter" is the justification they use to close a meeting to the public. It can absolutely be about the Broadcom acquisition, because their job is to enforce antitrust laws.
I don't see the deal dying. If Dell could buy EMC which owned VMware, then BC is a go. I remember the same conversations about Dell only allowing VMware to run in its hardware. Which is the basis of the argument for not allowing BC to buy VMware.
Sorry folks, love it or hate it.
And you know that if the BC deal did die, someone else would buy VMware and do the same thing to it. I love VMware but those are the birds and the bees.
So the FTC are having a meeting.... Wow, ground breaking news....
Not sure about fear, the article is a light piece speculating that Wednesday's FTC meeting may involve votes on open issues like VMW/AVGO. That is a possibility but not a certainty. Secondly the piece points out that the price spread between VMW stock price and the per share deal value has diverged. Perhaps that means lack of investor confidence on deal closure. Both interesting but minor data points.
This is not accurate information, as it has nothing to do with VMware. Here is the FTC notice:
Commission Meeting Closed to the Public: Consideration of a nonpublic law enforcement matter, 4:30 PM EDT via Zoom. The vote to close the meeting for the law enforcement matter was 3-0. Expected to attend the closed meeting are the Commissioners themselves and such other Commission staff as may be appropriate.
Please stop spreading fear.