I would guess not.. the stock price will settle at 78 and will be in suspended animation until the deal closes which could be well over a year.. there should be little incentive for current management to lay off.. thoughts ??
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The wheels are in motion and lists, for the most part, are already complete. I don’t mean to rain on your optimism, but you’re not being at all realistic. Do you really think management is going to proceed on the assumption that the take over will happen? Even if AVGO wins the proxy battle there’s already a regulatory battle brewing and with Donald leading the country based on an America first agenda, I would not bet on this take-over being approved.
There would be layoffs for sure ..irrespective