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Broadcom Nearing Deal to Settle Lawsuit Over 2014 PLX Technology Takeover

Broadcom Nearing Deal to Settle Lawsuit Over 2014 PLX Technology Takeover
Broadcom is nearing a deal to settle a shareholder lawsuit accusing it of underpaying in a 2014 takeover of PLX Technology, according to people familiar with the matter, a case that also leveled allegations of conflicts of interest at PLX’s bankers.
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