[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: [cobalt-users] Sun Micro to buy Cobalt in $2 billion stock deal
- Subject: Re: [cobalt-users] Sun Micro to buy Cobalt in $2 billion stock deal
- From: Jeff Lasman <jblists@xxxxxxxxxxxxx>
- Date: Tue Sep 19 12:08:55 2000
- Organization: nobaloney.net
Dom Latter wrote:
> I'd just like a little bit of that 2 $bn...
It's just a stock transfer, Dom. While there is a premium on the
purchase based on today's stock prices, that almost always changes...
when companies acquire companies the acquirer usually sees their stock
go down a bit and the acquiree usually sees theirs go up a bit.
Parity equals parity.
Jeff
--
Jeff Lasman <jblists@xxxxxxxxxxxxx>
nobaloney.net
P. O. Box 52672
Riverside, CA 92517
voice: (909) 787-8589 * fax: (909) 782-0205