M&A News: AVGO, LSI, AIG, AER
December 16, 2013 at 12:40 PM EST
This morning, Avago Technologies (AVGO) announced it will be acquiring LSI Corp (LSI) in a deal worth $6.6 billion. Shareholders of LSI will receive $11.15 per share in cash when the deal closes, a 41% premium to Friday's closing value.