Thread regarding Open Text Corp. layoffs

So they have established the core. Next question when does it start ? From Q2 ? SMBC or ADM which to go first


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Post ID: @OP+1kg0pd1zf

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Prentiss is the executive most likely to be "spun out." If OpenText decides to sell the SMB/C division (Webroot/Carbonite) to a Private Equity firm to pay down debt, Prentiss would likely go with it as the CEO of that new, smaller company.

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Post ID: @b9+1kg0pd1zf

Who would want them and at what price would they be willing to pay after due diligence?

It’s a buyers market, OT’s needs and internal valuations are irrelevant.

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Post ID: @ah+1kg0pd1zf

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