going to be a crazy two weeks. Beware the Ides of March my freends.
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My pure speculation is that a deal will be done. The fact that QC is setting a price of $90 establishes the upper price bound on the potential deal. If you take a 50/50 split between $82 and $90, you get $86, which is not a big stretch from BRCM’s original offer. If a deal is done, and CIC triggers immediate vesting of RSUs. That’s the best scenario for those who will be let go as a result of the merger. The risk in this is whether BRCM will delay the layoff to avoid the CIC.
Suppose Octane wins on 6th; will the layoffs proceed per plan or will a they be put on ice pending completion of sale ? I know what CA said but things are changing fast.