Symantec, Broadcom Halt Discussions for a Proposed Merger

The transcript discusses a deal that was expected to be finalized but fell through due to a price disagreement after due diligence. The price was slightly reduced, which led to one party walking away. The transcript also explores the possibility of other buyers stepping in and the role of activists and board members in the negotiation process.

What was the initial agreed price for the deal before it fell apart?

• $28.25

• $30.00

• $27.00

• $29.50

What was the main reason for the deal's breakdown?

• A disagreement over company policies

• A minor issue found during due diligence

• A major financial discrepancy

• A sudden change in market conditions

How did the public become aware of the deal's breakdown?

• Through a press release by the company

• Through an official announcement

• Via a leak to the press

• Via a social media post

What role does the activist investor play in the company's sale process?

• They are against selling the company

• They have no influence on the board

• They have a board seat and influence decisions

• They are looking to buy the company themselves

What is a potential obstacle to reviving the deal?

• The public nature of the deal's breakdown

• The company's financial instability

• A lack of interest from other buyers

• The company's refusal to negotiate