ARM Holdings plc (ADR) (ARMH) Soars On Softbank Bid

ARM Holdings plc (ADR) (NASDAQ:ARMH) is soaring up about 40 percent at the time of this writing on the news of big bid by Softbank – so what are the details? Here are what the analysts think of the deal.

ARM Holdings plc (ADR) – Softbank deal – Analysts

JPmorgan

Board of ARM has agreed for the company to be acquired by Softbank which is a company which holds a number of telecom, internet and ecommerce assets. These assets owned by Softbank do not compete with ARM nor are major ARM customers so we see no conflict of interest in this deal and...