It would be more amusing if Cisco joined in and sparked a bidding war.
$6.5BN may appear to be a premium of 100% on Sun's closing price the day before the intent was announced, but it is still cheap for the IP, talent and diversity Sun has.
Right now the market cap for Sun is $6.03BN... too low.
Let's see how it turns out.
Cheers,
Zubin.
On Fri, Mar 20, 2009 at 5:21 AM, Namita <namita@...> wrote:
I'd rather call it a merger.
After the HP-Compaq merger in 2002, here is another interesting one.
Check out:
http://redherring.com/Home/25927
and what impact it could have locally:
http://www.business-standard.com/india/news/what-an-ibm-sun-deal-could-mean-for-india/352303/
Namita