[Info-vax] OT: Oracle to Buy Sun

IanMiller gxys at uk2.net
Mon Apr 20 09:22:37 EDT 2009


http://www.sun.com/third-party/global/oracle/index.jsp

"SANTA CLARA, Calif., April 20, 2009 -- Sun Microsystems (NASDAQ:
JAVA) and Oracle Corporation (NASDAQ: ORCL) announced today they have
entered into a definitive agreement under which Oracle will acquire
Sun common stock for $9.50 per share in cash. The transaction is
valued at approximately $7.4 billion, or $5.6 billion net of Sun's
cash and debt. "

What does this mean?



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