> This is really bailing out current management-- letting them be replaced by the more capable TSMC people The trouble with a competent organization buying a d

> This is really bailing out current management-- letting them be replaced by the more capable TSMC people The trouble with a competent organization buying a decadent organization is that leadership at the decadent organization is often much better at winning political infighting (they have a lot of practice). So it’s very easy to end up in a situation where the disfunction metastases up into the parent. At the very least, executive attention is finite and splitting attention like this is distracting to the parent executives, which harms the parent organization.