Broadcom agrees to buy CA Technologies for $19 billion

Broadcom agrees to buy CA Technologies for $19 billion

6 years ago
Anonymous $TjsaxHwAP-

https://www.cnet.com/news/broadcom-agrees-to-buy-ca-technologies-for-19-billion/

Broadcom has agreed to buy software maker CA Technologies for about $19 billion, an acquisition that suggests the chipmaker is ready to branch out in a new direction.

Broadcom offered $44.50 a share in cash for CA, formerly known as Computer Associates, the companies said Wednesday. Based on CA's closing price of $37.21 Wednesday, the offer represents a 20 percent premium for CA shareholders.

Broadcom agrees to buy CA Technologies for $19 billion

Jul 12, 2018, 12:21am UTC
https://www.cnet.com/news/broadcom-agrees-to-buy-ca-technologies-for-19-billion/ > Broadcom has agreed to buy software maker CA Technologies for about $19 billion, an acquisition that suggests the chipmaker is ready to branch out in a new direction. > Broadcom offered $44.50 a share in cash for CA, formerly known as Computer Associates, the companies said Wednesday. Based on CA's closing price of $37.21 Wednesday, the offer represents a 20 percent premium for CA shareholders.