SUN Microsystems (JAVA) : Southeastern could lose US$500M on IBM-Sun merger

Saw this on Bloomberg. Southeastern Asset Management Inc. paid a total of $2.13 billion, or an average of $13.25 a share, for its 22 percent stake in Sun, according to a January regulatory filing. A deal at $9.40 a share would mean a payout of about $1.5 billion for Southeastern. And maybe, that is why… Continue reading SUN Microsystems (JAVA) : Southeastern could lose US$500M on IBM-Sun merger