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Yes, this was the insanity, they waved through selling it to Softbank, but then cottoned on to how important it was once they realised it was going to be acquir
by Traster 5y ago
Yes, this was the insanity, they waved through selling it to Softbank, but then cottoned on to how important it was once they realised it was going to be acquired by Nvidia. They shouldn't have let it sell in the first place, but atleast they're fixing that now, and if they can guide it towards an IPO that would be a very good result.
- chasil 5y agoAs a public company, shareholders with enough stock can offer competing slates of directors. Even with an acquisition blocked, if Nvidia is in that position, they can dictate ARM's policies. Perhaps the UK would force them to divest, but a coalition of shareholders might be more difficult to stop.