Home » General World News » Broadcom’s $19 billion deal to buy ‘unloved’ CA Technologies shocked everyone and crushed the stock— here’s what they could be missing (AVGO, CA)

Broadcom’s $19 billion deal to buy ‘unloved’ CA Technologies shocked everyone and crushed the stock— here’s what they could be missing (AVGO, CA)





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  • Broadcom’s stock plummeted on Thursday following news of its $18.9 billion acquisition of CA Technologies.
  • While investors fled, analysts familiar with the companies aren’t so sure that the deal is bad for Broadcom.
  • The bull case for Broadcom’s acquisition is multi-faceted: Some analysts see cross-over between the two companies’ product portfolios — particularly in mainframes, where Broadcom has a hardware footprint and CA Technologies has a software play.
  • Others see Broadcom as pivoting toward software in order to build out its portfolio the way a private equity firm might.

Broadcom’s surprise $18.9 billion acquisition of CA Technologies, announced Wednesday, has caused a chasm read more >>>

Source:: BusinessInsider.Com

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