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UPDATE 3-Avago to buy Broadcom for $37 bln in biggest-ever chip deal

*Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...
Source: Reuters | By: Supantha Mukherjee and Abhirup Roy
Avago looks to grow with $37B deal for chipmaker Broadcom

NEW YORK- Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, vastly expanding its lineup of products for the rapidly growing wireless device market at a time when sales growth has otherwise been tough to come by for smaller chipmakers. Hock Tan, Avago's president and chief executive, says that the deal will...
Source: The Associated Press
Avago Technologies announces big quarter, big acquisition

Avago Technologies' second-quarter earnings doubled and it said it would buy rival chipmaker Broadcom in a $37 billion cash-and-stock deal. Avago's earnings jumped to $344 million, or $1.21 per share, in a performance fueled partially by growth from a previous acquisition. Last year, Avago brought LSI Corp. for $6.6 billion and then later sold that company's...
Source: The Associated Press
Cramer: Why so many deals are happening  

CEOs in the U.S. recognize the overcapacity problem in almost every industry, says Mad Money host Jim Cramer.
Source: CNBC.com
EXCLUSIVE-Avago shows interest in Xilinx, Renesas, Maxim-sources

May 14- Avago Technologies Ltd, looking to acquire a fellow chipmaker, has reached out to potential targets including Xilinx Inc, Renesas Electronics Corp and Maxim Integrated Products Inc, according to people familiar with the matter. Neither Silver Lake nor KKR still own stakes in Avago, but the former provided financing for Avago's $6.6 billion acquisition...
Source: Reuters | By: Nadia Damouni and Liana B. Baker
DuPont CEO in the hot seat: Analyst  

Is Nelson Peltz's loss DuPont's win? How to trade the stock after Trian lost its proxy fight, with Mark Connelly, CLSA Americas.
Source: CNBC.com