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sagitarius84 (22.50)

A merger arbitrage lesson to learn

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April 08, 2009 – Comments (1) | RELATED TICKERS: JAVA.DL , IBM , MSFT

The big news Monday was the failed merger talks between Sun Microsystems and IBM. Sun Microsystems (JAVA) lost almost 23% of its value after the news hit the street. JAVA exploded on March 17 after rumors of a potential bid by IBM made Sun’s shares 79% more expensive.

The major sticking point was that Sun Micro believed IBM’s rumored offer of $9.40 to be too low. Read More...


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1 Comments – Post Your Own

#1) On April 08, 2009 at 9:28 AM, sagitarius84 (22.50) wrote:

Check out my analysis of IBM.

Do you think that the merger would go through or that SUN would be bought out by someone else?

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