Mandrake to Acquire Conectiva

An anonymous reader writes "With a press release Mandrakesoft has announced the acquisition of Conectiva. 'Mandrakesoft, the number one European Linux company, today announced a definitive agreement to acquire Conectiva, the number one Linux company in Brazil and Latin America. This acquisition is expected to increase significantly Mandrakesoft's size and R&D capabilities.'"

Comments

Paid for it twice?

[TERdON]

Conectiva's former owners must have done good business. As we can read at here MandrakeSoft paid for it once yesterday too...

Again?

[bsharitt]

How many times can they acquire the same company in one day.

Re:Big day for Mandrakesoft

[DarkMantle]

Actually, there's a big difference between the two. the title of the previous article says "Mandrakesoft Acquires Conectiva" as in it already happened. That post was sent to us from the future because this article says that "Mandrakesoft To Aquire Conectiva" as in it hasn't happened.

With time travelling news reporters named Trillian from Sector ZZ9 Plural Z Alpha, all of our news will be out BEFORE it happens. CNN's "News As It Happens" is a thing of the past....

Or is that present.

Stupid paradox..... :s

Look at the bright side

[bstadil]

At least it is not the same guy that submitted the story. I am holding out for Cowboyneal submitting same story twice on same day.

I understand Ladbrook is giving 9:1 currently

mirror...

[same_old_story]

right here

DUPE DAY

[zoloto]

Well, I say everytime we find a dupe - especially one within the same day and on the front page - we just dupe the comments and karma whore till our faces are numb and eyes are pained.

Just an example:

How? (Score:5, Interesting)
by sfraggle (212671) on Thursday February 24, @11:27AM (#11767199)
(http://fraggle.alkali.org/)

How do they have the money to do this? Werent they almost bankrupt about a year ago?

[ Reply to This ]

Re:How? (Score:5, Informative)
by crow (16139) on Thursday February 24, @11:32AM (#11767258)
(http://www.votecrow.com/ | Last Journal: Monday July 01, @01:30PM)

It's a stock swap. No money is involved. This is typical of how mergers often work. The companies agree to merge, and they agree what the company being acquired is worth, do some math, and convert the shares of the acquired company into shares of the new company. The math is much like doing a stock split, though the ratio usually involves a number of decimal points. (The accounting for the investors is also much like a stock split.)

The real question in this case is why is Mandrakesoft's stock worth enough for Conectiva investors to consider this to be a worthwhile deal (as opposed to grabbing on to a sinking ship). I haven't looked at the business side of either company, so I can't comment there.

.
.
Simple isn't it? I think we should all do this and maybe the guys running /. will start to notice... wait.. they dont' even read the front page, how are they going to notice the comments? D'OH!

*tears up plans and flushes them down the toilet*

NEXT!

Re:Big day for Mandrakesoft

[LiquidCoooled]

Subscribers should have a button in the mysterious future.

Pressing it should sound an alarm and turn a lava lamp different colors.

Taco and Cowboy can get into their superhero costumes and slide down a pole to go and fight the evil menace.

Re:yep

[qewl]

Your marklars are wise and true.

After marklar chose to obtain marklar, marklar paid a lot more marklar for the marklar than marklar wish marklar had. Other marklar dislike French marklar and want powerful and profitable marklar away from those marklar. But no matter marklar, the best marklar will always be free marklar. Open marklar forever!

Re:Big day for Mandrakesoft

[Anonymous Coward]

Wow, so they posted the dupe first? Slashdot is getting good!

Re:Big day for Mandrakesoft

[jspoon]

It's a stock swap. No money is involved. So apparently there's nothing stopping them from swapping back and forth acquiring each other several times a day.

From a leaked OSTG corporate chatlog...

[KrackHouse]

Zonk> Damn slashdot junkies are calling us on our sloppiness. What'da we do?
CmdrTaco> To hell with 'em. We're getting paid peanuts, isn't redundancy the mother of invention?
Zonk> I read somewhere that redundancy is the mother of invention.
CmdrTaco> What?
Zonk> I know you are... But what am I?
CmdrTaco> To hell with 'em. We're getting paid peanuts, isn't redundancy the mother of invention?
Zonk> Who's on first?
CmdrTaco>Yes
Zonk>What?