Avago buys LSI Corp. for $6.6B

Avago Technologies (AVGO) buys LSI Corp. (LSI) for $11.15 per share in a $6.6B all-cash deal.

The company says it will use a $4.6B term loan and an investment from Silver Lake Partners to raise the funds to buy LSI.

Trading in shares of both companies has been halted.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs