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I'd have done the same if Broadcom were an American company. I oppose it because I pretty much reflexively oppose all mergers of huge companies leading to more
by Analemma_ 9y ago
I'd have done the same if Broadcom were an American company. I oppose it because I pretty much reflexively oppose all mergers of huge companies leading to more consolidation: the evidence is overwhelming that this is harming competition and increasing prices across a variety of business sectors. As for the national security aspect, I don't give a shit. Trump did the right thing for the wrong reason.
- vermontdevil 9y agoAnd this is a private equity play - buy the company. Strip it of its assets, ignore any future R&D opportunities and move on as soon as all revenues are exhausted. Hate these type of moves.
- ksk 9y ago>And this is a private equity play - buy the company. Strip it of its assets, ignore any future R&D opportunities and move on as soon as all revenues are exhausted. How have you established that this is the most likely outcome?
- pythonaut_16 9y agoThat should be called a locust merger
- whatok 9y agoPrivate equity? Both of the companies are publicly listed in the US.
- LynxInLA 9y agoYes, but the acquisition was to be financed with $106 billion in debt https://www.bloomberg.com/news/articles/2018-02-12/broadcom-lines-up-106-billion-of-debt-funding-for-qualcomm-deal https://www.bloomberg.com/news/articles/2018-02-12/broadcom-...
- ksk 9y agoWould you mind linking to the evidence and explaining how it applies to this specific case?