Deals
Bid & Ask: The Deals of the Week
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1. Irvine (Calif.)-based Broadcom agreed to buy NetLogic Microsystems for $3.7 billion to gain chips that manage Internet traffic, as demand for online phone calls and video streaming surges.
2. General Electric will pay $3 billion, plus a $300 million premium, on Oct. 17 to buy back preferred stock it sold in 2008 to Warren Buffett’s Berkshire Hathaway.