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Softbank’s shareholder furious over ARM deal
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Softbank’s shareholder furious over ARM deal
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21st July 2016, 05:36
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,500
 |  Softbank’s shareholder furious over ARM deal While many people reacted with horror to the news that ARM had been sold to the Japanese Softback, the naysayers were mostly on ARM’s side. But it seems that Softbank is having trouble selling the idea to its own shareholders. Shares in Japan's Softbank have fallen 10 per cent after it agreed a controversial £24.3bn deal to buy UK chip designer ARM. Part of the reason that shareholders greeted the idea with horror was that it would dump a pile of debt on the company, but the other reason was the value of the company was expected to plummet after Brexit causes the UK economy to collapse. http://fudzilla.com/news/processors/...-over-arm-deal |
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