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ARM chipmaker to be bought for £24bn by Japan's Softbank
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=25588		 Page 1 of 1
Author:  paulzolo [ Mon Jul 18, 2016 9:03 am ]
Post subject:  ARM chipmaker to be bought for £24bn by Japan's Softbank
Quote:
UK technology firm ARM Holdings is to be bought by Japan's Softbank for £24bn ($32bn) it confirmed on Monday.

The board of ARM is expected to recommend shareholders accept the offer - which is around a 43% premium on its closing market value of £16.8bn on Friday.

http://www.bbc.co.uk/news/business-36822806

I have a couple of computers here where the A in ARM stood for Acorn.
Author:  l3v1ck [ Mon Jul 18, 2016 7:57 pm ]
Post subject:  Re: ARM chipmaker to be bought for £24bn by Japan's Softbank
Given the premium, I guess you can't blame them for accepting the offer.
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