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In 1987, Levon Helm, a former cotton farmer from Arkansas, sat brooding in his yard, trying to describe why his apparent success had turned to near-bankruptcy: “Well, it’s hard to put your finger on. You get behind financially and once you get behind financially, you seem to get behind spiritually. And your luck turns against you.” Levon’s perception of his situation is a common one.
As the WSJ reported yesterday when it sent the semiconductor space soaring, moments ago Avago confirmed it would buy Broadcom Technologies for $37 billion.
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