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Actually this happens very frequently when companies are acquired into larger more stagnant environments (or as Peter Lynch would label 'de-worisifcation'). It
by earle 17y ago
Actually this happens very frequently when companies are acquired into larger more stagnant environments (or as Peter Lynch would label 'de-worisifcation'). It's not uncommon at all, and generally a good example of when these employees lockups or vesting has either completed, or reached an acceleration.
If Garmin wanted to move these people, they should have done so during the acquisition.
- snagage 17y agoPeter Lynch labeled "de-worisifcation" as companies, for the sake of diversifying, heading into markets that have little relevance to their core business. It doesn't really apply here.