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IBM Lets Sun Set (Linux Journal)

IBM Lets Sun Set (Linux Journal)

Posted Apr 7, 2009 18:05 UTC (Tue) by Nelson (subscriber, #21712)
In reply to: IBM Lets Sun Set (Linux Journal) by pr1268
Parent article: IBM Lets Sun Set (Linux Journal)

These so-called "bitter pills" or "poison pills" are often used for leverage in negotiation. It's curious, IBM buying Sun maybe a good exit for Sun. Without IBM buying them, at the very least due to the poison pills, the cost probably went down to any other suitors. I'm sure some people within Sun think they'll be just fine on their own but that is getting harder to see. From the folks I've known working there, they've already started to dramatically erode the staff on a lot of projects. It sounds like Sun was trying to sink the hook, they wanted the deal to happen, just couldn't deal with a lower price or something else. I wouldn't be entirely surprised if they crawled back to IBM but they'll have to deal with IBM's terms.


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IBM Lets Sun Set (Linux Journal)

Posted Apr 8, 2009 0:13 UTC (Wed) by rahvin (subscriber, #16953) [Link]

If they go back the offer will likely be substantially reduced in price. Probably not higher than current stock price at the time and it wouldn't surprise me if it was lower as IBM invested substantially in this negotiation and were essentially brushed off.

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