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[Weaver]

Sad news.

[off-topic]
Twenty years ago, my old employer, Psion, used to make machines that used ARM processors. That was before ARM really started taking over the world.

[phi2008]

With the 'recent events' ARM became about £5 billion cheaper thanks to the weakened pound. Not surprising it became good value as a result.

@vladsavov Pre-Brexit, ARM's share price was ~20% lower. A month ago, for the same 43% premium, Softbank would have paid about $4bn less

https://twitter.com/tomrebbeck/status/755315896210579456

[sevenlayermuddle]

I'd seen the same statistic pointed out, that the rise in arm's share price post-Brexit vote exceeded the 'devaluation' of sterling, ie the vote did not make arm a bargain.

SoftBank seem to be insisting that the vote was not relevant in their decision to buy arm, and I have seen no evidence to the contrary.  IMHO Arm have been an attractive buyout target for ages, it was only a matter of time.   I too liked them being British, but we can't always get what we like.

I've been following these issues for a while as I should confess I'm biased, being a small shareholder myself.   Emphasise 'small'... I won't be buying a yacht, nor a second home, not even an extra holiday.   But the 'windfall' might take a little of the pain out of some outside painting that's overdue, and that I can't do myself owing to fear of ladders.   

[phi2008]

and that I can't do myself owing to fear of ladders.   

My advice would be don't wear stockings for manual work.   

[sevenlayermuddle]

My advice would be don't wear stockings for manual work.