Notable Mergers and Acquisitions of the Day 7/9: ELX/BRCM, DDUP/...

Courtesy StreetInsider.com News Articles  Thu, 07/09/2009 - 07:57
  • Emulex Corporation (NYSE: ELX) announced that its Board of Directors has responded to the revised offer by Broadcom Corporation (Nasdaq: BRCM) to acquire Emulex for $11.00 per share in cash, and unanimously rejected the offer.

    In response, Broadcom said it would cease all efforts to acquire Emulex.
  • Data Domain (NASDAQ: DDUP) announced that it has entered into a definitive merger agreement with EMC Corporation (NYSE: EMC).

    EMC will acquire all of the outstanding shares of Data Domain common stock for...
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