The CEO and the Team and the Investors

The deal is really interesting. The way that they did it is really interesting if you go back to zendesk and survey monkey when those guys announced that merger It was above a threshold of stock where you have to go to a shareholder vote. So interestingly Adobe was very clever. They said I'm gonna do half cash half stock so that I'm below the threshold We are below the threshold where it goes to a shareholders vote. But then you have to factor in the dilution Not just the dilution of the stock but then the re-rating of the stock as well. You lose 20% of your market cap and then you tack on this you're talking about 40 30 40 billion