May 8 (Reuters) - Broadcom Corp:
* Announces intent to acquire sc square ltd
* Says Broadcom expects to pay approximately $41.9 million to acquire all of
the outstanding shares of capital stock and other equity rights of sc square
ltd
* Says purchase price will be paid in cash
* Says Broadcom expects the acquisition of sc square ltd. to be dilutive to
earnings for the remainder of 2011 by approximately $0.01
* Says the transaction remains subject to the satisfaction of closing
conditions and is expected to close in broadcom's second quarter, ending June
30, 2011
* Says the boards of directors of the two companies have approved the
acquisition
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Broadcom Corp click here:) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces intent to acquire sc square ltd
* Says Broadcom expects to pay approximately $41.9 million to acquire all of
the outstanding shares of capital stock and other equity rights of sc square
ltd
* Says purchase price will be paid in cash
* Says Broadcom expects the acquisition of sc square ltd. to be dilutive to
earnings for the remainder of 2011 by approximately $0.01
* Says the transaction remains subject to the satisfaction of closing
conditions and is expected to close in broadcom's second quarter, ending June
30, 2011
* Says the boards of directors of the two companies have approved the
acquisition
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Broadcom Corp click here:) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.