Broadcom in Talks to Pay About $ 60 Billion for VMware

Broadcom is in talks to pay around $ 60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year.

The two technology companies are aiming to announce a cash-and-stock deal worth about $ 140 a share on Thursday, assuming the talks do not fall apart, the people said. The price was not yet set and could still move around, some of the people cautioned.

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