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It seems extremely unlikely that the UK will allow this deal anyway so it is somewhat moot what the FTC does. The original ARM sale to Softbank was made while
by zarzavat 5y ago
It seems extremely unlikely that the UK will allow this deal anyway so it is somewhat moot what the FTC does.
The original ARM sale to Softbank was made while everybody was distracted by Brexit, and is regarded as somewhat of an embarrassment. However Softbank appears to have played themselves because any attempt to sell ARM to a non-British owner will likely be denied as politically unacceptable.
- starfallg 5y ago>However Softbank appears to have played themselves because any attempt to sell ARM to a non-British owner will likely be denied as politically unacceptable. Softbank gets to keep a cool $1.25 billion in cash from Nvidia if the deal falls through. It's standard M&A practice and so a win-win situation for them.
- Qub3d 5y agoIs it that general? Its one thing if a deal fails because a party gets cold feet, or can't reach an agreement. Its another if the parties are all agreed and ready and a regulator steps in, isn't it?
- fomine3 5y agoThe worst thing Softbank did is selling Arm China stock to China local. This is serious failure for western world.