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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Vmware Inc | NYSE:VMW | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 142.48 | 0 | 01:00:00 |
From May 2023 to May 2024
By Will Feuer
Shares of VMware rose after British regulators cleared Broadcom's roughly $61 billion takeover of the multi-cloud services provider.
VMware stock climbed almost 6% to $163.71 in premarket trading. Shares were already up more than 27% over the past 12 months through Friday's close.
Broadcom agreed more than a year ago to pay both stock and cash for VMware.
Earlier Monday, the U.K.'s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components. Broadcom said Monday it expects the deal to close on Oct. 30.
Shares of Broadcom rose about 0.4% to $829.50 in premarket trading.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
August 21, 2023 08:32 ET (12:32 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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