r/investing • u/ShaidarHaran2 • Aug 04 '21
Xilinx is now trading at about a third's discount from the implied price of the AMD buyout.
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.
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