Solid play on this, around 77 bucks on a microsoft purchase price of 95 and clearing the hurdle of the vote today.
Of course this still requires regulatory approval in the US and Europe but fears on this are overblown imo, it's hard to argue exactly how this transaction provides Microsoft any real monopolistic power. Because.. it doesn't. Not nearly enough to block this. Remember, they want to be tough on tech monopolozation, failing to block a dicey transaction isn't a good look. They'll want to keep their powder dry, albeit with some potential Sabre rattling.
Over 23% to be gained, to my mind finalization of the deal is when, not if. They're still claiming before mid 2023, if so it's roughly 20% p.a. return worst case, then it's a solid play. You can boost returns on an option play but end of 23 options are pricing a lot of additional gain out.
Attractiveness increases when you look at the broader background – as Fed/most of the globe lifts rates (with pricing continuing to tick up here), growth stocks will continue to be pressured, most stocks will be.. like I said, solid play with solid names in my opinion.
Disclosure I own a little of the stock, purchased pre ms offer
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