Any acquisition would have to be fairly well factored in at the current MC, plus some - surely? There's twitter talk of those shares being under escrow, but I can't seen proof of that anywhere yet.
If the market gets ugly, the selling could get monstrous and there's plenty of room to bring it substantially down, and all whilst the sellers would be still sitting well in the black.
If you put TAR and WFE side-by-side right now, I know what I would I choose.
Foolish market imo, anyway that's enough from me on the matter - doesn't matter what I say or think in the end.