Bloomberg Law
Aug. 9, 2019, 11:26 AM UTC

Wake Up Call: Broadcom Buys Symantec Division for $10.7 Billion

  • Wachtell, Lipton, Rosen & Katz advised chipmaker Broadcom on its announced $10.7 billion deal to buy cybersecurity company Symantec Corp.’s enterprise division, in particular getting software designed to keep hackers out of corporate systems. The agreement, expected to close in January, comes weeks after the two companies’ talks for a complete merger fell apart over disagreements about the price. Fenwick & West advised Symantec. (BN)

  • Bayer AG is said to be proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer. (BN)

  • Facebook yesterday took ...

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