MNDT Sale? Up 16%

Ticker: MNDT
Description of why you are requesting DD:

Discussed on TF today, interested in feedback

Applicable links to news articles or Reddit analysis:

https://www.reuters.com/technology/microsoft-considers-deal-buy-cybersecurity-firm-mandiant-bloomberg-news-2022-02-08/

MSFT has supposedly walked away from talks –

Microsoft Has Walked Away From Talks To Acquire Mandiant-Bloomberg

BZ Wire

2 Likes

Since I didn’t see in here -

Google to acquire Mandiant for $23 a share in all-cash deal valued at about $5.4 billion - MarketWatch (paywalled)

https://www.cnbc.com/2022/03/08/google-plans-to-acquire-mandiant-for-5point4-billion.html (free)

If the deal gets approved by regulators, it will be Google’s second-largest acquisition ever behind its $12.5 billion Motorola Mobility deal in 2012. Google sold the company to Lenovo for $2.9 billion two years later. Google’s third-largest acquisition is smart home product maker Nest, which it bought for $3.2 billion in 2014. Google is a unit of Alphabet.”

I don’t know too much about what could cause it not to be approved. I put in some cheap lotto bids for the 6/17 22’s and 25’s. (Pure lotto gamble bids - unless someone has better info)

1 Like

Thanks homie. I grabbed a few shares when I posted and was hoping bear market would continue to grab some further out calls as well. Cheers

1 Like