Emulex will get acquired by Singapore based Avago Technologies LTD. for $606 million dollars.
I find this interesting according to the article, Emulex rebuffed an offer from Broadcom in 2009 for $912 million.
So if I subtract the current offer minus the previous offer that's a $306 million difference.
Article regarding Broadcom ends bid for Emulex.http://www.wsj.com/articles/SB124714460204218001
Article regarding Avago acquiring Emulex.http://www.ocbj.com/news/2015/feb/26/emulex-shares-jump-news-sale/
I find this interesting according to the article, Emulex rebuffed an offer from Broadcom in 2009 for $912 million.
So if I subtract the current offer minus the previous offer that's a $306 million difference.
Article regarding Broadcom ends bid for Emulex.http://www.wsj.com/articles/SB124714460204218001
Article regarding Avago acquiring Emulex.http://www.ocbj.com/news/2015/feb/26/emulex-shares-jump-news-sale/