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internetnews.com: Report: McNealy Mulls Taking Sun Private

Apr 29, 2005, 14:30 (7 Talkback[s])

"Scott McNealy is considering a plan that would take his beloved Sun Microsystems off the market at least for a while, according to a report published Thursday.

"A hedge-fund manager with ties to McNealy and venture capital firm Silver Lake Partners told Business Week that Sun's CEO and co-founder is talking to investment managers about a leveraged buy-out (LBO). The financial transaction would mean Sun's management would repurchase all public shares and take the company off of the publicly traded markets..."

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