Anyone accept a role with a company in potential acquisition discussions?

So I was recently offered a position for another company with upgrade in both title and comp. I have been thinking very hard about accepting, I'm hesitant because the company is in the midst of a hostile takeover. With the potential that it could be acquired, its making me a little nervous about accepting (it would require me to relocate).

Has anyone ever accepted a role when the company they would be working for was in the midst of an acquisition or similar situation?

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