China Approves Broadcom's Acquisition of VMware Conditionally

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Credit: BroadcomBEIJING, November 22 (TMTPOST) -- U.S. communication chip giant Broadcom (NASDAQ: AVGO) and U.S. software company VMware (NYSE: VMW) jointly announced on Tuesday that the former's $69 billion acquisition of the latter has received approval from regulatory authorities in the world and will be completed on November 22.On the same day, the State Administration for Market Regulation of China ann