Broadcom-Symantec Enterprise Deal Creates Waves In Semi Sector
August 09, 2019 at 11:35 AM EDT
Monster Chipmaker Broadcom officially announced its acquisition of Symantec’s enterprise business after the closing bell on Thursday. Broadcom is paying $10.7 billion in cash, according to a statement. Investors were clearly pleased with the news as Broadcom stock rallied 1% in-after-hours trading...