I wonder if it will really happen this time?
6 replies (most recent on top)
Probably, but then they'd have to inherit the cr-ppy software.
If earnings are soft watch out for a round of layoffs (single largest cost of doing business is headcount, well outside lawsuits from data breaches) to arbitrarily bump the numbers and make the company look more attractive to Clearlake. Then the board can push for a $90 per share and run off into the sun laughing all the way to the bank on the backs of the workforce.
If this does go through, then there will be job loss, but nobody knows have many.
If the 1st qtr comes in below est, then who knows maybe they will take 80?
Not at $80, but this sure feels different than last time. Probably get sold in the mid 80’s.
I'm new to BB, hired in the past 6 months. Is it a good or bad thing if this company buys us? To my understanding they tried to buy us before but ELT said no?