[senkora]

> This is really bailing out current management-- letting them be replaced by the more capable TSMC people

The trouble with a competent organization buying a decadent organization is that leadership at the decadent organization is often much better at winning political infighting (they have a lot of practice).

So it’s very easy to end up in a situation where the disfunction metastases up into the parent.

At the very least, executive attention is finite and splitting attention like this is distracting to the parent executives, which harms the parent organization.

[nine_k]

Yes, the Boeing buying McDonnell case :(

But the buyer can just unconditionally lay off all the top brass, exactly for that reason. The layoff can be more of a golden parachute kind, to prevent any sabotage.

[mjevans]

Why don't we ever see management suddenly locked out without any ability to get into their accounts or buildings?

They failed the duty, no golden package or BS.