Broadcom is in talks to pay around $60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year.
The two technology companies are aiming to announce a cash-and-stock deal worth about $140 a share on Thursday, assuming the talks don’t fall apart, the people said. The price wasn’t yet set and could still move around, some of the people cautioned.
Source: https://www.wsj.com/articles/broadcom-discussing-paying-around-140-a-share-for-vmware-people-say-11653334946?mod=itp_wsj&yptr=yahoo