Broadcom’s market value plunges $19 billion after CA bid
(New York Post Business)

Chipmaker Broadcom´s surprise bid to buy software company CA for $18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal. Citing an acquisition with no potential synergies, investors drove the company´s shares down 19 percent, to $197.50 Thursday morning...