IBM To Capture The Power Of The Sun?
In case you missed it earlier today, not everyone is taking this recession thing laying down.
International Business Machines Corp. and Sun Microsystems Inc. are negotiating a takeover that values Sun at $9 to $10 a share, people familiar with the matter said.
Personally, we like the world better with an independent Sun. There's no standing in the way of progress, however. (Or an 80% premium).
IBM, Sun Said to Be Discussing Deal at $9 to $10 [Bloomberg]