---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-160371"
form_type: "8-K"
ticker: "AVGO"
cik: "0001730168"
company_name: "Broadcom Inc."
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T06:50:17.095705+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-160371
- form_type: 8-K
- ticker: AVGO
- cik: 0001730168
- company_name: Broadcom Inc.
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730168/000119312522160371/0001193125-22-160371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730168/000119312522160371/d323890d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-160371
- JSON: https://secwatch.observer/filing/0001193125-22-160371.json
- Plain text: https://secwatch.observer/filing/0001193125-22-160371.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.