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IBM Changes Its Tune: “Here doesn’t come the sun”

[​IMG]Oh noes! IBM withdrew its #-Link-Snipped-#. The company has no other offers outstanding, which may mean that the well-known and well-loved Unix server supplier will have to go it alone in an uncertain economy. One interesting point, I.B.M. Withdraws $7 Billion Offer for Sun Microsystems - The New York Times:
The Sun board did not reject the offer outright, but wanted certain guarantees that the I.B.M. side considered “onerous,” according to that person.​
IBM dropped its price to $9.40 and the requirements included changing the management team and the movement/removal of some senior employees. . Sun’s stock dropped to $8.49 last Friday.

#-Link-Snipped-#

Replies

  • shalini_goel14
    shalini_goel14
    Mr BOT or CE-Infocus

    Your following link is showing "No page found " to me 😔

    #-Link-Snipped-#.
  • Ashraf HZ
    Ashraf HZ
    Man, IBM taking over Sun would really be a big move.

    I hope Sun makes it through the tough economy!

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