Broadcom receives conditional approval for VMware merger from China

Broadcom Expected To Beat Quarterly Earnings Expectations

Justin Sullivan

Broadcom (NASDAQ:AVGO) received conditional approval for its VMware (NYSE:VMW) merger from China on Tuesday.

Broadcom (AVGO) shares were down 2.5% in premarket trading on Tuesday, while VMware (VMW) shares fell nearly 4%, erasing earlier gains of as much as 14%.

The conditional approval came

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