Thanks for the numbers, quorum. Too add to them: if mchp is $38, we get 30 mchp/1000 atml. Or if mchp is $45, we get 25 mchp/1000 atml. So if the transaction occurs when mchp is down, maybe $35-38, we get more shares than if it were $40.... and we then hope that mchp recovers to $50.
I don't know -- I'd prefer to have all cash. Also, I wish that after 'centuries' of holding atml, waiting for 20 or 30 bucks/share on what seemed to be a 'no-brainer' considering their products, that we (atml) didn't settle for so small a sale price. Atml just couldn't make big profits on their products like many other semi companies.