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Shareholder Alert: Ademi LLP investigates whether VMware, Inc. has obtained a Fair Price in its transaction with Broadcom

MILWAUKEE, May 26, 2022 /PRNewswire/ -- Ademi LLP is investigating VMware (NYSE: VMW) for possible breaches of fiduciary duty and other violations of law in its transaction with Broadcom. 

Click here to learn how to join the action: https://www.ademilaw.com/case/vmware-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges VMware's financial outlook and prospects are excellent and yet VMware holders will receive only either $142.50 in cash or 0.2520 shares of Broadcom common stock for each VMware share, subject to proration, resulting in approximately 50% of VMware's shares being exchanged for cash consideration and 50% being exchanged for Broadcom common stock. The transaction agreement unreasonably limits competing bids for VMware by imposing a significant penalty if VMware accepts a superior bid. VMware insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of VMware's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for VMware.

If you own VMware common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/vmware-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Ademi LLP                                                          
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP