Finkelstein Thompson LLP Investigates Potentially Unfair Buyout of Broadcom Corporation

WASHINGTON--(BUSINESS WIRE)--The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Broadcom Corporation (“Broadcom” or the “Company”) (NASDAQ GS: BRCM), concerning the Company’s proposed acquisition by Avago Technologies Limited (“Avago”) (NASDAQ GS: AVGO). Under the terms of the proposal, Broadcom shareholders will receive (i) $54.50 in cash; (ii) 0.4378 ordinary shares in a newly-formed Singapore holding company ("HoldCo"); (iii) a restricted equity security that is the economic equivalent of 0.4378 ordinary shares of HoldCo that will not be transferable or saleable for a period of one to two years after closing; or (iv) a combination thereof. At least one analyst has set a high target price of $65.00 for Broadcom shares. The entire transaction is valued at approximately $37 billion.