Broadcom shares are trading higher after the company affirmed its expectation that its VMware acquisition will close on October 30.
Portfolio Pulse from Benzinga Newsdesk
Broadcom has reaffirmed its expectation that its acquisition of VMware will close on October 30. This has led to an increase in Broadcom's share price.
August 21, 2023 | 2:14 pm
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POSITIVE IMPACT
Broadcom's reaffirmation of its VMware acquisition closing date has led to a rise in its share price.
Broadcom's confirmation of the closing date for its VMware acquisition has likely increased investor confidence, leading to a rise in its share price. This news is highly relevant and important for Broadcom investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100