Broadcom to acquire VMware for ~$61B; 44% premium, expects $8.5B EBITDA within 3 years

Broadcom Inc.

Deal valued at ~$61B based on AVGO closing price May 25; Broadcom assumes $8B VMware net debt.
VMware shareholders elect $142.50 cash or 0.2520 AVGO shares per share; prorated 50/50 cash/stock.
44% premium to VMW unaffected price (May 20 close) and 32% premium to 30-day VWAP.
Broadcom targets ~$8.5B pro forma EBITDA from the deal within three years post-closing.
Expected close in FY2023; subject to VMware shareholder vote and regulatory approvals; 40-day go-shop period.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.