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Technology Stocks : All About Sun Microsystems

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To: E_K_S who wrote (64770)3/18/2009 2:19:20 PM
From: QwikSand  Read Replies (1) of 64865
 
From WSJ article:

--QS

...If the deal does go through, which could happen as early as this week, IBM is likely to pay at least $6.5 billion in cash to acquire Sun, the people said. Including $1.4 billion in cash on Sun's balance sheet, the total deal value would be about $8 billion, or about $10 to $11 a share. That would translate into a premium of more than 100% over Sun's closing price Tuesday.
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