Broadcom has confirmed that its acquisition of virtualisation giant VMware is now on track to close on 30 October 2023 after the proposed merger secured regulatory approval from the UK’s Competition and Markets Authority (CMA). The CMA published a statement on 21 August 2023 confirming that, in line with its provisional judgement on… Continue reading UK competition watchdog gives Broadcom-VMware deal green light to go ahead
Tag: deal
With students back in classrooms, schools work to deal with ongoing heat
In Phoenix, which recorded daily highs at or above 110 F for 31 consecutive days in July, daily heat index is also carefully monitored by schools, said Michael Mannelly, chief financial officer of the Phoenix Elementary School District, which opened classrooms during the first week of August. Under certain heat index conditions, students are restricted… Continue reading With students back in classrooms, schools work to deal with ongoing heat
Supreme Court puts Purdue Pharma bankruptcy deal on hold
WASHINGTON — The Supreme Court put the bankruptcy reorganization of opioid maker Purdue Pharma on hold Thursday, granting an emergency request from the Biden administration that raised objections about a provision that protects the Sackler family from liability for lawsuits. The justices blocked an appeals court decision that allowed the bankruptcy to move forward. As… Continue reading Supreme Court puts Purdue Pharma bankruptcy deal on hold
Americans held in Iran moved to house arrest in prisoner swap deal
Five Americans imprisoned in Iran have been placed under house arrest in the first step of a planned prisoner exchange between Tehran and Washington that will include the release of roughly $6 billion in Iranian government assets blocked under U.S. sanctions, according to a lawyer for one of the prisoners. If the proposed agreement goes through, Iran will be allowed to access the funds… Continue reading Americans held in Iran moved to house arrest in prisoner swap deal