https://www.crn.com/news/channel-news/in-broadcom-vmware-deal-all-eyes-on-apec-2023-and-chinese-president-s-san-francisco-stop
‘Unless concessions are made on this restriction, the chances of a successful close appear to be very slim,’ says Forrester’s Tracy Woo
Well, the chances that Biden will give concessions to the Chinese are not very high, expect Nov 26 announcement "After careful consideration both parties have agreed to terminate the agreement"....
"Billion dollar "fine" and get the company or 1.5 billion in fees and don't get the company.
Tough decision"
There's more $ to it than that. At the time of the announcement AVGO was priced in the $500's now it's in the mid-$900's. That means that the .252 shares of AVGO are now worth almost double what they were then. The $billions more that this is costing BC makes the $1.5B a rounding error.
It more than that, there are also fines and percentages of biz you pay China for operating “illegally” in their country. Many more billions…
Billion dollar "fine" and get the company or 1.5 billion in fees and don't get the company.
Tough decision
The deal outcome doesn't matter anymore. This ongoing fiasco has permanently damaged any remaining customer trust in VMware or Broadcom Software leadership's ability to turn around this company with an outdated product portfolio that's seen better days. The delayed acquisition has exposed too many strategy flaws that impact results.
Who Woo?
No it isn't and you are an id--t
The Deal is Dead,
Long live the Deal !
Tracy Woo is a cloud analyst at forrestor. What qualifies her to weigh in on geo politics?
The best part of that article is page 6, with Magoo’s vacuous smile.
Headline should be “Analyst says changes are slim”
Grow up