Mergers and Acquisitions

Broadcom buying VMware for $61B

Broadcom shareholders will own approximately 88% of the combined company on a fully diluted basis, while VMware shareholders will own approximately 12%.

Pfizer to buy rest of Biohaven for $11.6B

Pfizer Inc. agreed to buy the rest of Biohaven Pharmaceutical Holding Co. for about $11.6 billion, deploying its pile of cash earned from Covid-19 sales to acquire a new migraine drug.