Broadcom: Memo on Possible CFIUS Review of CA Technologies Deal is Fraudulent
October 10 2018 - 12:58PM
Dow Jones News
By Maria Armental
Broadcom Inc.(AVGO) said Wednesday it has learned about a
fraudulent memo circulating among legislative leaders in Washington
about a possible need to review the company's proposed acquisition
of CA Technologies (CA) on national security grounds.
In a statement issued Wednesday afternoon, Broadcom said the
memo, supposedly signed by the Defense Department, referenced the
Committee of Foreign Investment in the U.S., or CFIUS, looking into
the transaction.
"We have been informed by DoD officials that this memo is in
fact a forged document," the company said, adding that the deal is
on track to close in the fourth quarter.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
October 10, 2018 12:43 ET (16:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Xtrackers California Mun... (NASDAQ:CA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Xtrackers California Mun... (NASDAQ:CA)
Historical Stock Chart
From Apr 2023 to Apr 2024
