SHORT ATTACK ALERT !

Everyone don’t forget, $AMD(AMD)$ just agreed to pay $42.8B for Xilinx. There are no Floors, no Caps and no Collars on the Agreement share price. It’s a fixed share exchange rate that requires 420M shares from $AMD(AMD)$ coffers we shareholders agreed Dr Lisa Su needed for just this type of expense. When $AMD(AMD)$ hit $100 that put the enterprise value of a closing at $42B. We’re beyond $100 now. $AMD(AMD)$ is paying north of $42B for Xilinx.
Whatever the price is at closing, expect shorts to seize upon the opportunity claiming $AMD(AMD)$ paid too much. BALDERDASH!
I do not like cash paid mergers! They fail more! $AMD(AMD)$ paid 420M shares not dollars!! Nothing could be better use of these shares than this deal as agreed to. Xilinx agreed, took a chance with no share price conditions so they earned every $AMD(AMD)$ share agreed to.This is more acquisition than merger. Xilinx lives on as a subsidiary of AMD. Now with no cash but just $AMD(AMD)$ shares in Xilinx’s pockets our new shareholders (24% of AMD) are HIGHLY motivated to make our joint AMD/Xilinx a success!But shorts will attack claiming an accretive merger is dilutive from the start.And that is patently false!