I see a very long proxy fight and poison pill adoption to prevent a hostile takeover. Let’s not even talk about the anti-trust issues.
Also, of lesser concern probably to the new Qualcomm management….This sort of deal with screw just about every regular employee at Qualcomm.
Avago has a reputation of buying companies and chopping it up into pieces to boost shareholder value and than move on to another company, like a locust. The did just that to old Broadcom.
Great for shareholders. Great for old timers ready for retirement, they’ll see their stock/stock option go through the roof. Terrible for younger employees that don’t have a nice pile of stock/stock options. The net effect would be a net job loss for San Diego I think.
See the pattern here of the late? Everything is stacked against the newer/younger worker. Higher tax rate, less tax breaks, a lot of corporate deal making that will enrich shareholders and older “rest and vest” type employees which are just holding out for retirement anyway. The younger workers that didn’t get that many RSU’s/stock grants, and/or haven’t fully vested, and haven’t bought a house, haven’t built up their retirement, haven’t started a family, who were already having a difficult time saving/investing/affording a home…get the shaft.
