TITLE

IBM - Sun Talks: On the Rocks?

AUTHOR(S)
Davis, Avram
PUB. DATE
April 2009
SOURCE
Mergers & Acquisitions Report;4/13/2009, Vol. 22 Issue 15, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reveals that International Business Machines Corp. (IBM) has withdrawn its offer to acquire Sun Microsystems Inc. According to the "Wall Street Journal," merger negotiations between IBM and Sun Microsystems failed. Wachovia analyst David Wong points out one of the drivers of IBM's value. The estimated value of the IBM-Sun merger is seven billion U.S. dollars.
ACCESSION #
44127936

 

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