Delisting notice for 10/30 is now showing on the NYSE Corporate actions table. This looks like a done deal folks.
https://www1.nyse.com/corporate-actions
2023-10-30 Pending before the Open Suspend VMW VMware, Inc.
Filter by search date until 10/21 to 11/1
Deal is not closing on Monday after all. Seems like all the so-called experts were wrong. Shocking.
I cannot believe all the clueless people who posted here. Deal closing on Monday
Suspension is a first step toward delist, but isn't the delist. Suspension can be reversed and the stock can resume. It will be an interesting week.
Delist from NYSE = Suspend Trading LOL
Know what youre talking about
You need to learn what's the difference between 'suspension' and 'delisting'.
He’s already made concessions business wise because SAMR was ready to approve. Are you suggesting he has the power to make political concessions too?
Hock will try to make concessions with the Chinese, just like he did with EU regulators.
Let's wait and see where this ongoing fiasco ends...
Chinese law doesn't allow companies to close mergers with more than $55M in revenue in China, without SAMR approval. If they still close without approval, the penalty is 10% of global revenue on an ongoing basis. BC makes 1/3rd of their rev in China.
SAMR said they have to consult with the Foreign Ministry and State Council before signing off.
Do you really think any of those govt entities gives 2 sh--s about MD, Tan, or BC's deadlines?
This does not mean anything. It will change on Monday.
The biggest indication the of deal not happening is Broadcom has not send official offer letters to VMware folks, that was supposed to happen starting from oct 16th.
China blocked the deal.
Its over.
I believe people were saying Seeking Alpha was fake news, so this is right from the source.
This is nothing. It can be changed anytime.
This is old news and was done on Wednesday last week. It was posted on seaking alpha. Still doesn't change the stock prices are dropping and China will delay the deal. Go enjoy the weekend you animals. You have no control over this.
I heard Hock got a note from his mom that will get him out of this.
No info from BC is BAU.
Now shut the F up and get back to work.
That is the way, the BC way.
It's a shame people have to scour the Internet for clues to what is going on like Sherlock Holmes while BC can't be transparent with the employees 10 frigging days before close. This shows you how BC operates. Better off without them.
But but but China? Waaaaaaah!
It's pending because it's on their "todo" list. Yes, anything can be "adjusted" but issuing such a notice is a major step as it informs all investors so reversing can cause a lot of confusion and potentially also open up for lawsuits if investors claim they were misled.
Accept it and move on.....
Can this date still be changed?
It says pending so that date can still be adjusted?