OK some are listening. Buyouts mean loss of jobs, which means people will be voted out of Parliament or some street action

From the WSJ review in total UK M&A Surge Down to More than Sterling Updated July 18 2016 5:46 pm BST Photo: Bloomberg News The steep fall in the pound after last month’s Brexit vote has UK boardrooms on guard for opportunistic foreign bidders. But while there has been a raft of deals since the June 23 referendum to leave the European Union, they have been a lot more complicated than simple bargain hunting. • Last week, Chinese conglomerate Dalian Wanda Group said its US-based cinema operator unit AMC Entertainment Holdings agreed to buy Europe’s largest cinema chain, Britain-based Odeon & UCI Cinemas Group, for £500 million. It said the lower pound was a major factor, and AMC’s chief executive warned ”there may even be a stampede of US acquirers looking at the United Kingdom.” • The same week, Poundland said it had agreed to a £600-million takeover offer from South African-based, German-listed Steinhoff International. A spokesman declined to comment on whether Brexit played a role, but said discussions were underway long before the vote. • And the first big cross-border deal following the referendum was one in which the money flow was going in the opposite direction: In early July, Melrose said it would buy US-listed Nortek for $1.44 billion in cash. The SoftBank deal underscores the complexity. ARM makes almost all of its revenue outside Britain, and its share price has soared since the vote. At Friday’s close, its stock was 17% more expensive than on referendum day. That more than offset the roughly 13% drop of the pound versus the yen since then. That means SoftBank probably would have paid less for ARM if it had clinched the deal prior to the June 23 vote. Another question that bankers and deal makers have asked themselves about potential targets in Britain: How will the new government of Prime Minister Theresa May react? She struck a cautious tone about foreign takeovers of leading UK companies in a speech last week. On Monday, British officials welcomed the SoftBank deal. The Japanese firm promised to keep ARM based in England and double its UK-based workforce. Officials said it was a sign British businesses were still attractive to overseas investors despite Brexit. Not everyone agreed. Opposition Labour MP Daniel Zeichner, who represents Cambridge, where ARM is based, said the deal meant Britain was ”losing control of one of our most innovative and successful companies,” and called on the government to secure a guarantee from SoftBank on a job-creation pledge.