Here’s the update on the sellout to Atos. According to the official press release from Atos, Syntel’s shareholders approved the deal. Of course, this doesn't come as a big surprise, and it’s not like we didn’t have time to prepare for it, but the closer we get to the official sell, I’m getting more and more unsettled. Atos undoubtedly has its own vision of Syntel's structure under their umbrella. With layoffs happening already, I just keep wondering what reductions will we face when Atos takes over and who will be affected.
https://www.nasdaq.com/press-release/atos--syntel-shareholders-vote-in-favor-of-acquisition-by-atos-20181002-00038