BREAKING NEWS

BREAKING NEWS

Broadcom says Department of Defense memo asking for CA Technologies deal review is fake

Broadcom says Department of Defense memo asking for CA Technologies deal review is fake
A sign to the campus offices of chip maker Broadcom Ltd, is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake -
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MIKE BLAKE(Reuters)
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(Reuters) - Chipmaker Broadcom Inc <AVGO.O> said on Wednesday a forged memo purportedly signed by the U.S. Department of Defense on the need for a review of its $19-billion acquisition of software company CA Technologies <CA.O> had been circulated among lawmakers.

"We have been informed by DoD officials that this memo is in fact a forged document," Broadcom said in a statement.

"Broadcom and CA Technologies are both American companies, and there is no basis in fact or law for CFIUS review of our pending transaction."

(Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

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