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> We're going to see a lot of this as the market turns. Not really. We saw a lot of LBO takeovers before the market turned, and Zendesk is one of those (it was
by riskneutral 4y ago
> We're going to see a lot of this as the market turns.
Not really. We saw a lot of LBO takeovers before the market turned, and Zendesk is one of those (it was planned 6 months ago). LBO activity is expected to slow down now (it already has).
What you will likely see a rise in is a lot of companies cutting costs and going into their bunkers. You don't necessarily need to be taken over a PE firm in order to do that.