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Fraudulent Memo: Possible Need for Review of Broadcom’s acquisition of CA Technologies

By Committee on Foreign Investment in the United States
This is a Press Release edited by StorageNewsletter.com on 2018.10.12

Broadcom Inc. issued the following statement:

We have learned that a fraudulent memo purported to be signed by the U.S. Department of Defense (DoD) is circulating among senators and members of Congress referencing the possible need for review of Broadcom's acquisition of CA Technologies by the Committee on Foreign Investment in the United States (CFIUS). We have been informed by DoD officials that this memo is in fact a forged document.

Broadcom and CA Technologies are both American companies, and there is no basis in fact or law for CFIUS review of our pending transaction. We have received HSR clearance and the approval of CA shareholders, and we have a clear path to completing the transaction in 4Q18.

Read also:
Why Analysts Don't Like Broadcom's CA Technologies Acquisition?
Deal not in sync with Broadcom's strategic focus
2018.09.17 | In Brief
CA Technologies Stockholders Approved Acquisition by Broadcom
For $18.9 billion as expected
2018.09.13 | Press Release

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