IBM's (IBM) Talks with Sun Micro (JAVA) Continue
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Price: $229.55 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +3.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +3.0%
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Takeover talks between IBM (NYSE: IBM) and Sun Microsystems Inc (Nasdaq: JAVA) are continuing and may extend beyond next week, Reuters is reporting.
IBM is still performing its due diligence.
A few weeks ago, the Wall Street Journal reported that IBM could buy JAVA for $10-$11 per share.
Shares of JAVA are up 1.7% today to $8 per share.
IBM is still performing its due diligence.
A few weeks ago, the Wall Street Journal reported that IBM could buy JAVA for $10-$11 per share.
Shares of JAVA are up 1.7% today to $8 per share.
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