Posts Tagged ‘Cisco’

Sun IBM Split, is Cisco lurking?

Monday, April 6, 2009 10:07 No Comments

Sun’s stock plummeted nearly 23 percent this morning to $6.68 a share in premarket trading

This follows reports in The New York Times and The Wall Street Journal that the company rejected a formal buyout bid of $9.40 a share or less, and terminated an exclusive negotiating agreement, prompting IBM to withdraw its offer.
The IBM offer [...]

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