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Symantec Shares Plunge After Reports of Broadcom Deal Stall

Shares of cybersecurity giant Symantec plunged on Monday following reports that the company’s acquisition talks with Broadcom have stalled due to a disagreement over price. Several major news outlets reported in early July that chipmaker Broadcom had been in advanced talks to acquire Symantec in a deal that could exceed $15 billion. The post Symantec Shares Plunge After Reports of Broadcom Deal Stall appeared first on SecurityWeek.

Shares of cybersecurity giant Symantec plunged on Monday following reports that the company’s acquisition talks with Broadcom have stalled due to a disagreement over price.

Several major news outlets reported in early July that chipmaker Broadcom had been in advanced talks to acquire Symantec in a deal that could exceed $15 billion.

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