Oracle To Buy Sun For Approximately $7.4 Billion

Business & Work - 2009

Oracle To Buy Sun For Approximately $7.4 Billion

http://www.techcrunch.com/2009/04/20/oracle-to-buy-sun-hold-on-to-your-hats
Scanned by: Alvis Brigis over 2 years ago

Oracle Corporation is to buy Sun Microsystems for $9.50 a share in a deal valued at approximately $7.4 billion, just a few weeks after a deal by IBM to buy Sun fell apart. It looks like Oracle will pay a premium of $2.81 a share, or 42%, over Sun Micro’s closing price of $6.69 a share on Friday.

Type: News | Also: Technology, Computers |

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Oracle To Buy Sun For Approximately $7.4 Billion

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