Re: LVS to sell AVID
Preferred maybe, but likely not. Those small companies only have to raise ~$1B cash for the acquisition, more to pay off the ~$100M debt to JP Morgan. And more to fund needed restructuring/product investment, including likely to get out from outsourced engineering agreements and ramp back up in house development staff. All in a down market with down revenue. I can't quite imagine many companies leaping at the opportunity... if anything happens it will need to be much larger acquiring companies.
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