Company Of The Day: VMWare
Broadcom’s proposed $61 billion deal to acquire VMWare (NYSE:VMW) has come under regulatory scrutiny in the U.K.
The antitrust regulator in the U.K said that it was examining whether the deal could result in a “substantial lessening of competition.” The U.S. and the E.U. are also taking a closer look at the deal.
Although the deal is focused on diversifying Broadcom’s business into areas such as enterprise software, regulators are likely concerned about the size of the deal.
|S&P 500 Return||2%||-17%||76%|
|Trefis Multi-Strategy Portfolio||2%||-21%||213%|
 Month-to-date and year-to-date as of 11/21/2022
 Cumulative total returns since the end of 2016