internetnews.com: Report: McNealy Mulls Taking Sun Private | Linux Today

internetnews.com: Report: McNealy Mulls Taking Sun Private

Written By
Web Webster
Web Webster
Apr 29, 2005

“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…”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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