"The WSJ reported that Sun officials felt that IBM's offer of
$9.40 a share or less was too low and that IBM had too much leeway
to walk away from the deal, which could face substantial antitrust
"The two sides could still work out a deal, but the Journal
reported that Sun has sent a notice terminating IBM's agreement for
exclusive negotiations, while IBM has withdrawn its offer to buy
Sun. The two sides apparently remain in touch by phone,
Some of the products that appear on this site are from companies from which QuinStreet receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. QuinStreet does not include all companies or all types of products available in the marketplace.