Sunday, April 19, 2009

Sun Sets?

Epicenter - Wired Blogs: "IBM To Sun: Not Interested, at Any Price
By John C Abell EmailApril 16, 2009 | 12:35:16 PMCategories: IBM, Sun Microsystems

CNBC is reporting that IBM has given what sounds a lot like a final rebuff to Sun Microsystems: We are not interested in re-opening merger talks at any price.

Negotiations between the two companies collapsed two weeks ago after IBM lowered its offering price and a majority of Sun's divided board questioned if the wording of the formal proposal left IBM with the wiggle room to wriggle out of the deal if the going got tough with regulators."


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