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1 vs 5 Million - no lifestyle change
Vmware $133 and Avgo $790. Will 1 VMware stock worth $790 after acquisition?
Market value is the important metric
It'll get converted at the acquisition value. Let's say it got acquired at $150 per share, you'd either receive cash equivalent to that or you'll receive 150/790 Broadcom shares per original share you had.
It’s literally spelled out in the announcement: “The offer of $142.50 in cash or 0.2520 of a Broadcom share for each VMware stock….” https://www.reuters.com/markets/us/chipmaker-broadcom-buy-vmware-61-bln-deal-2022-05-26/
Reading is fundamental👏
Or 0.2520 shares of AVGO, at what valuation? Now avgo is at 800, 1/4 of that would be 200 dollars a share for VMW stock
Yes the VMware stock will 7x overnight