Avago Technologies Ltd. (Nasdaq: AVGO) will pay a premium of approximately $6.6 billion in cash to acquire LSI Corp. (Nasdaq: LSI). Shares of Avago leaped $4.35 to $50.00 while LSI stock jumped $3.06 to $10.97.
Avago To Pay $6.6 Billion For LSI
December 16, 2013 at 05:33 AM EST
