Brocade (BRCD) Won't Comment on Takeover Report

October 31, 2016 2:03 PM EDT

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Brocade Communications (NASDAQ: BRCD) offered no comment on reports from Bloomberg it is in advanced talks to sell itself, with Broadcom (Nasdaq: AVGO) said to be one of the interested parties.

"... as a matter of company policy, Brocade does not comment on rumors or speculation," a Brocade spokesperson told StreetInsider.com in an e-mail.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Mergers and Acquisitions, Rumors

Add Your Comment