IRVINE (dpa-AFX) - Avago Technologies Limited (AVGO) and Broadcom Corp. (BRCM) announced the waiting period under the the 'HSR Act', as amended, has expired with regard to their previously announced transaction. The companies expect closing of the transaction by the end of the first calendar quarter of 2016.
The closing of the proposed transaction remains subject to approval by Avago and Broadcom shareholders, antitrust clearance in certain foreign jurisdictions and other customary closing conditions.
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