May 28 Avago Technologies Ltd said it would buy fellow chipmaker Broadcom Corp in a cash-and-stock deal valued at $ 37 billion. Avago, which makes chips for the wireless and industrial markets, is offering Broadcom shareholders $ 17 billion in cash and Avago shares valued at $ 20 billion. (Reporting by Supantha Mukherjee in Bengaluru; Editing by Sriraj Kalluvila)
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