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Broadcom is talking about paying around $ 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 this year’s biggest takeover deals.

The two technology companies are aiming to announce a cash-and-share deal worth around $ 140 per share on Thursday, provided the talks do not fall apart, the people said. The price had not yet been set and could still move around, some of the people warned.

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