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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: Dom Latter <d.latter@xxxxxxx>
- Date: Wed Sep 20 11:03:54 2000
Jeff Lasman wrote:
>
> 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.
Round these parts, employees with options, which might not even be
exercisable for another two years, see them turn into real shares,
now.
--
Dom.