Sun shares surge on 'joke' that firm will go private | Channel Register: "Shares of Sun Microsystems shot up more than 10 percent Friday and then held some of the gains on speculation that management is looking to take the company private. CEO Scott McNealy told one organ that such rumors were much closer to fiction than truth.
In a gossip column, BusinessWeek cited a 'hedge-fund manager close to McNealy' as saying that Sun was hoping to work with Silver Lake Partners to push Sun private with the aim of reemerging one day as a leaner, meaner public company. The rag cited an LBO (leveraged buyout) offer of $5 to $5.50 a share for Sun."
Saturday, April 30, 2005
Subscribe to:
Post Comments (Atom)
Popular Posts
- as400 Iseries Tips
- Creating an as400 Query
- Contact Us
- What is QZHQSSRV job?
- Ten CSS tricks you may not know : evolt.org, Code
- Daniel Dan Carter Beard's Outdoor Handy Book or American Boy's Book of Sport - October 15, 1896
- QUSRJOBI API (Retrieve Job Information) as400
- iReport - OpenSource Java Reporting Tool
- AS400 APIs
- Using QCLRDTAQ to clear data queues in CL and RPG
No comments:
Post a Comment