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VMware Investors Should Take Stock Option in Broadcom Deal

Por: MarketWatch Business September 13, 2023

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VMware is a maker of software while Broadcom is a leading producer of semiconductors and its shares have benefited from enthusiasm for the AI spending boom. Those VMW holders that choose cash will receive appreciably less than the current VMware stock price. Investors who make no election likely will receive cash. Here is the situation. VMware shares finished Tuesday at $164.35, down 0.7% while Broadcom was off 1.7% to $844.52. Broadcom is... + full article



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