---

internetnews.com: Report: McNealy Mulls Taking Sun Private

“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

Get the Free Newsletter!

Subscribe to Developer Insider for top news, trends, & analysis