SAN JOSE, Calif., Oct. 10, 2018 /PRNewswire/ -- Broadcom Inc. (Nasdaq:AVGO), today 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 (NASDAQ: CA) 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 the fourth calendar quarter of 2018.
Email Newsletters
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.
