Wall-to-wall coverage: The Tipline for 27 May 2022

Sex sells. Apparently, unsexy does too. The Wall Street Journal described Broadcom’s proposed acquisition of VMware as “a $61 billion bet on unsexy software”. That is not to say the US antitrust agencies don’t take an interest in boring-sounding deals. Veracruz and Crane Composites called off their merger on Thursday after the Department of Justice alleged the transaction would create a monopoly for pebbled fibreglass reinforced plastic wall panels. GCR USA is off next week for Memorial Day and the Queen’s Platinum Jubilee, but we will be back in your inboxes on 6 June.

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