Linked by Amjith Ramanujam on Wed 27th Aug 2008 17:09 UTC, submitted by stonyandcher
SUN Microsystems Dropping profits and stock prices have analysts speculating that Sun could be a target for either acquisition or a restructuring in which the company would sell off parts of the business and focus on a smaller set of technologies. In a July 31 report, the 451 Group analyst firm raised the possibility of Sun being acquired: 'Sun's sunken stock price creates a relative bargain considering its roughly $4 billion cash on hand, sizeable intellectual property and patent portfolio, and of course, its respected technology and products'.
Thread beginning with comment 328188
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE: Comment by Larz
by poundsmack on Wed 27th Aug 2008 17:49 UTC in reply to "Comment by Larz"
poundsmack
Member since:
2005-07-13

if you hve followed Sun over the years you will know they are a very proud company, and as far as i recall they have majority control of their shares, so the likelyhood of them allowing themselves to be bought out is slim to none ;)

Edited 2008-08-27 17:59 UTC

Reply Parent Bookmark Score: 3