Thread regarding VMware layoffs

China asks for two SECRET conditions for approval

From: https://www-streetinsider-com.translate.goog/Corporate+News/China+Conditionally+Approves+Broadcom+%28AVGO%29+-+VMware+%28VMW%29+Acquisition/22439649.html?_x_tr_sl=zh-CN&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

China agrees but puts the following restrictions on the deal.
(1) Do not restrict trade in hardware
(2) Continue Interoperability
(3) Additional Interoperability
(4) Protect employees with non disclosure agreements
(5) [Confidential Information]
(6) [Confidential Information]

Wait, what? Confidential Information? Yes, it really says that.

China has negotiated two Confidential restrictions on Broadcom. It could be an extra tax, it could be a requirement to share all code with the Party, it could be anything.

Is it even legal for a public company to agree to /Confidential/ secret, unpublished conditions?

by Anonymous
| 2231 views | | 10 replies (last January 20, 2024) | Reply
Post ID: @OP+1pHLwNpK
Comment! It's anonymous!

10 replies (most recent on top)

Please don't post drunk. Especially on old articles.

by Anonymous
| | Reply
Post ID: @Yoeo+1pHLwNpK

Layoff China start last Friday, good deal

by Anonymous
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Post ID: @Yggn+1pHLwNpK

I never actually got to try that sauce. Was it any good?

by Anonymous
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Post ID: @mqz+1pHLwNpK

Must be that McDonald’s Szechuan Sauce recipe.

by Anonymous
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Post ID: @gxh+1pHLwNpK
Is it even legal for a public company to agree to /Confidential/ secret, unpublished conditions?

JFC stop the drama. It's over. Move on.

Yes, it's perfectly legal. They negotiated terms, but certain terms are not to be public knowledge. As long as the mutual board of directors understand and agree to them, they are in a confidential contract.

by Anonymous
| | Reply
Post ID: @zfr+1pHLwNpK

Magoo gets his new Model T and a new rumpled shirt - this time a bespoke Armani t-shirt. The only good thing about this deal closing is never having to see that goofball again.

by Anonymous
| | Reply
Post ID: @jbs+1pHLwNpK
  1. "Serve the public trust"
  2. "Protect the innocent"
  3. "Uphold the law"
  4. [Classified]
by Anonymous
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Post ID: @kca+1pHLwNpK

Looks like Carbon Black will definitely have to be spun off, based on some of the text in there.

by Anonymous
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Post ID: @lln+1pHLwNpK

Yawn... it's approved - VMware is no more.

by Anonymous
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Post ID: @xvl+1pHLwNpK

Get over, it is approved. Bye Felicia!

by Anonymous
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Post ID: @bma+1pHLwNpK

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