Is this reaqlly a step forward purchase to rescue Resideo?
4 replies (most recent on top)
Another deal that doesn’t make sense. The over-enthusiastic M&A team has to prove its worth otherwise they’ll get cut first.
Answer to OP... No, it's a step forward to make ADI sale more worth it next year.
Yay...We are saved! Im sure a [email protected] y AV parts distributor will carry the rest of the 4B failing company! LOL
If i were Resideo and in light of M&As like Buoy and Whisker....I would probably stay away from buying stuff until there are adults in charge.
Acquisition makes perfect sense for adi. Which means the whole rumor of adi being sold is bs