Apparently Sun thinks it’s worth more than IBM was offering. I’m not sure how much that is, but what now?
Sphere: Related ContentAfter weeks of negotiations, I.B.M. withdrew its $7 billion bid for Sun Microsystems on Sunday, one day after Sun’s board balked at a reduced offer, according to three people close to the talks.
The deal’s collapse raises questions about Sun’s next step, since the I.B.M. offer was far above the value of the Silicon Valley company’s shares when news of the I.B.M. offer first surfaced last month. Sun, an innovative pioneer in computer workstations and Internet-era software, has struggled in the marketplace in recent years.
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