AMD agreed in principal to buy Xilinx for 1.7 AMD shares per Xilinx share.
AMD is trading at 119 dollars, which implies a conversion to 202 dollars equivalent in the swap.
Xilinx is currently trading at 141 dollars...'Splain to me? This discount may be from trepidation about a block from China from this deal going through, but I don't see a solid antitrust argument for doing so given that Intel is the top rival for both of them and neither are in a marketshare monopolizing position.
Submitted August 04, 2021 at 11:22AM by ShaidarHaran2 https://ift.tt/3ijy09X
