Home » General World News » Broadcom and CA sink after Sen. Rand Paul calls for a national security review of their merger (AVGO, CA)

Broadcom and CA sink after Sen. Rand Paul calls for a national security review of their merger (AVGO, CA)





Rand Paul

  • Broadcom and CA shares slid Wednesday after Senator Rand Paul (R-Ky.) called for a federal national security review of their merger.
  • Broadcom announced an $18.9 billion deal to acquire CA in July.
  • That deal came after President Donald Trump, in March, blocked Broadcom’s attempted purchase of the chipmaker Qualcomm, citing national security concerns.
  • Broadcom, a semiconductor company which was previously based in Singapore, registered itself as a US corporation in April. CA is an American software company.
  • Watch Broadcom and CA trade in real time here.

Broadcom and CA shares are taking a hit Wednesday after Axios read more >>>

Source:: BusinessInsider.Com

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