Sun Walks Away From IBM Merger Talks


http://www.internetnews.com/hardware/article.php/3813841/Sun+Walks+Away+From+IBM\
+Merger+Talks.htm

Thanks & regards

ST*
*
2009/3/21 Zubin Wadia <zwadia@...>

> IBM doesn't do mergers. They are going to eat Sun alive and blue-wash
> it. IBM has a market cap 20x of Sun.
>
> 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
>>
>
>
>


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