Broadcom and CA Trim Their Losses After the Former Says There Was a 'Fraudulent Memo' Calling for a CIFUS Review of Their Merger
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- Broadcom and CA shares slid Wednesday after Senator Rand Paul (R-Ky.) called for a federal national security review of their merger.
- Shares trimmed their losses after Broadcom said there was a "fraudulent memo" circulating around Congress that called for a CIFUS review of their merger.
- Broadcom announced an $18.9 billion deal to acquire CA in July...