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Broadcom s bid for VMware $61bn acquisition goes unchallenged as go-shop deadline expires

Broadcom’s May 26 blockbuster offer to buy VMware for $61bn included a provision to allow VMware 40 days to find another buyer. Broadcom's $61bn takeover deal for VMware may press ahead with no rival bid as a pre-arranged ‘go-shop' clause to allow the virtualisation vendor to find another buyer expired at 23:59 Pacific Time on July 5.

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