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Will McNealy Take Sun Private?

Posted by ryuzaki0 on from the going-back-underground dept.

krygny writes "There is speculation that with $7.5 billion in cash, and liquidation of other assets, Sun could leverage a buyback of all publicly traded shares of SUNW at between $5 and $5.50 per share. I suppose, that would relieve them of Sarbanes-Oxley requirements, which Scott McNealy never really liked. (Who does?) For anyone at Sun who survives the tumult, hopefully, there could also be a return to the former corporate culture."

3 of 203 comments (clear)

  1. Re:Laboring under the yoke and lash of Sarbanes-Ox by koehn · · Score: 4, Funny

    That's why I love it as a consultant! Your PITA is my $$$! SOX is the ISO-9000 of the 21st century! Woohoo!

  2. This is going to be cool by ded_si_luap · · Score: 5, Funny

    Sun colapsing into itself - the creation of a black hole within our own galexy!

    Investors on the event horizon won't know if they're falling in or not.

  3. That's easy: by santos_douglas · · Score: 3, Funny
    I suppose, that would relieve them of Sarbanes-Oxley requirements, which Scott McNealy never really liked. (who does?)
    CPA firms and recently graduated accounting students.