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Broadcom and Symantec End Buyout Talks

phalse phace writes: Earlier this month, there was a report that Broadcom was in advance talks with Symantec about a possible buyout. It’s being reported that those talks have now ended. “Symantec and Broadcom have ceased deal negotiations, sources tell CNBC’s David Faber,” reports CNBC. “The people familiar with the matter added that Symantec would not accept less than $28 a share. People familiar with the matter added that Broadcom indicated in early conversations that it would be willing to pay $28.25 per share for Symantec, but that following due diligence knocked that figure down below $28.”


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