M&A
confidence high
sentiment neutral
materiality 0.60
Broadcom and VMware set Oct 23 election deadline for merger consideration; close expected Oct 30
Broadcom Inc.
- Election deadline for VMware stockholders to choose form of merger consideration is 5:00 p.m. ET Oct 23, 2023.
- Holders through a bank/broker may face earlier deadlines; urged to review materials from their nominee.
- Consideration is $142.50 cash or 0.2520 Broadcom share per VMware share, subject to 50/50 proration.
- Parties expect to close the transaction on Oct 30, 2023, subject to regulatory approvals and conditions.
- Election materials were sent to record holders as of Aug 4; must be returned to Computershare by the deadline.