[Info-vax] OT: IBM Offering $9-10 Per Share for Sun

[Arne Vajhøj]

JF Mezei wrote:
> Arne Vajhøj wrote:
>> But why were IBM interested the first time ??
> 
> Perhaps Sun did like Compaq and hired a Wall Street Casino M&A bank, and
> that bank contacted IBM and engaged talks to try to sell the concept to IBM.
> 
> Perhaps IBM was never really interested, but went thorugh th steps
> needed to look into it just in case.

It does not really fit with what happened - at least not if
the gossip in the press can be believed.

According to those, then IBM did make an offer, but SUN said no
(the current CEO said yes but the previous CEO said no and he got
the board behind him). And now SUN approached IBM and IBM said no.

Arne