PCMag Digital Network
Seen a hot gadget?  Tell Us   
Contact Us  
Sites We Like
Gearlog on Twitter
Gearlog for Kindle
GoodCleanTech Recycling Superguide
Categories:  

Over the weekend IBM withdrew a $7 billion bid for Sun Microsystem. The move follows some dissatisfaction with the bid on the part of Sun, despite the fact that IBM's offer was far above the company's market valuation.

The deal valued Sun at $9.40 a share. IBM is expected by some to restart talks, should Sun's value drop below $8.49. The New York Times' report on the subject cites three sources who asked the paper to maintain their anonymity. "There's lots of testosterone going back and forth," one of the sources told the paper.

Mixx It Mixx It Digg It Digg It StumbleUpon Toolbar Stumble Share More...

Content Recommendations from Evri
Posted by: alan h
April 6, 2009 10:54 AM

Yowch. That's a HUGE deal gone bust.


* = required
    Remember Me?
  
Please keep your comments on topic. Intelligent, thoughtful comments and questions are appreciated. Comments that contain personal attacks or profanity may be edited or removed. Comments containing personal information such as phone numbers, credit card numbers, or addresses may be edited or removed. Comments with advertisements will be removed.


 
Info Centers
Special Offers
         
 
  Ziff Davis Home | Contact Us | Advertise | Link to Us | Newsletters | RSS Feeds | Ziff Davis Media International
Digital Edition Customer Service | Subscribe to PCMag Digital Edition | Reprints
AppScout | Cranky Geeks | DigitalLife | DL.TV | ExtremeTech | GearLog | GoodCleanTech | PC Magazine | PCMagCasts | Security Watch | Smart Device Central | TechSaver
AppScout Mobile | Gearlog Mobile | GoodCleanTech Mobile | PCMag.com Mobile
Privacy Policy | Terms of Service | Linking Policy | Contact Us
Copyright © 1996-2009 Ziff Davis Publishing Holdings Inc. All Rights Reserved. PC Magazine, the PCMag.com logo and Gearlog are registered trademarks of Ziff Davis Publishing Holdings Inc. Reproduction in whole or in part in any form or medium without express written permission of Ziff Davis Media Inc. is prohibited.