5 ms·
I wonder why? This seems like a really odd time to do this.
by bradhe 6y ago
I wonder why? This seems like a really odd time to do this.
- kilerz 6y agoThey need cash. Arm is one of the best asset that they have.
- feelandcoffee 6y agothis seems like a wework fallout
- sp527 6y agoExactly this. They’re basically signaling financial distress somewhere else on their balance sheet (one could make an educated guess about where). Arm is a significant growth business and the decision to part with it wouldn’t be taken lightly.
- toomuchtodo 6y agoThere have been some corporate governance shenanigans going on with ARM as of late. https://www.bloomberg.com/news/newsletters/2020-06-24/money-stuff-time-to-do-activism-in-reverse https://www.bloomberg.com/news/newsletters/2020-06-24/money-... (Control-F “Who controls a company?”) https://finance.yahoo.com/news/softbank-arm-fired-china-ceo-013114269.html https://finance.yahoo.com/news/softbank-arm-fired-china-ceo-...