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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."

1 of 203 comments (clear)

  1. Re:Doesn't make it certain. by squiggleslash · · Score: 1, Offtopic

    That's the great thing about democracy: we have a revolution every four or so years, and nobody gets hurt.

    --
    You are not alone. This is not normal. None of this is normal.