2023-04-21 15:43:19 ET
The deal spread in Broadcom's ( AVGO ) planned $61 billion purchase of VMware ( NYSE: VMW ) spread widened on Friday amid a new Federal Trade Commission notice for two meetings in the next few weeks. The spread widened to $2.30.
The FTC listed listed two new closed door meetings on its website, including one scheduled for Tuesday at 10am and one on May 1 at 1pm.
Investors often speculate when the meeting notices are given that the FTC may be voting on ongoing deal that's being reviewed. While sometimes these meetings are about public companies, often times they are on private firms.
Other potential deals that the FTC may be voting on include Amazon's ( AMZN ) planned purchase of iRobot ( IRBT ), Amgen's ( AMGN ) acquisition of Horizon Pharmaceuticals ( HZNP ), L3Harris's ( LHX ) deal for Aerojet Rocketdyne ( AJRD ) and Kroger's ( KR ) purchase of Albertsons ( ACI ).
More on VMware ( VMW )
- VMware potential deal price break raised to $115 from $100 at UBS
- Why I'm Not That Concerned About The Broadcom VMware Deal Breaking
- Broadcom slips as European agency sends 'statement of objections' over VMware deal
- Broadcom rises even as UK regulator plans in-depth investigation into VMware deal
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VMware/Broadcom deal spread widens amid notice of FTC closed door meetings