- Broadcom (NASDAQ:AVGO) is nearing a deal to settle a shareholder lawsuit accusing it of underpaying in a takeover of PLX Technology, when predecessor company Avago Technologies bought it in 2014 for $300M.
- The tentative agreement would see the semiconductor technology company pay $14M to former PLX investors, WSJ reports.
Broadcom nears settlement of PLX merger lawsuit
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| Symbol | Last Price | % Chg |
|---|---|---|
| AVGO | - | - |
| Broadcom Inc. | ||