Avago Technologies Ltd. (Nasdaq: AVGO) engaged in advanced discussions to purchase Broadcom Corp. (Nasdaq: BRCM). Shares of Avago soared $10.19 to close at $141.49 while Broadcom stock leaped $10.09 to close at $57.15.
Avago in talks to buy Broadcom
May 27, 2015 at 17:33 PM EDT
