Sun shareholders want to stop Oracle deal

Posted in 2009

Obnoxio The Clown — Thu, 14 May 2009 07:12:40 +0100 — source: Usenet: comp.databases.informix

http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=databases&articleId=9132733&taxonomyId=173&intsrc=kc_top Sun Microsystems Inc. shareholders filed three separate lawsuits last month in an effort to halt the company's pending sale to Oracle Corp., according to a filing Sun made today with the U.S. Securities and Exchange Commission. The suits, filed in Superior Court in Santa Clara County, Calif. name Sun, some of its officials and Oracle as defendants, according to the filing. All three actions are aimed at blocking the $7.4 billion sale, alleging the price tag is "unfair and inadequate." They also allege "claims for breach of fiduciary duty against the individual defendants and for aiding and abetting a breach of fiduciary duty against the corporate defendants," the filing states. Anybody think it will work? -- Cheers, Obnoxio The Clown http://obotheclown.blogspot.com -- This message has been scanned for viruses and dangerous content by OpenProtect(http://www.openprotect.com), and is believed to be clean.

↪ replying to Obnoxio The Clown

Captain Pedantic — Thu, 14 May 2009 09:19:40 +0100 — source: Usenet: comp.databases.informix

"Obnoxio The Clown" <obnoxio@serendipita.com> wrote in message news:mailman.657.1242281599.1831.informix-list@iiug.org... > http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=databases&articleId=9132733&taxonomyId=173&intsrc=kc_top > > > Anybody think it will work? Everyone is equal before the law in America, be it a humble collection of individual stockholders or a pair of mighty vested interests. So, every chance, I'd say.

↪ replying to Captain Pedantic

Obnoxio The Clown — Thu, 14 May 2009 09:41:45 +0100 — source: Usenet: comp.databases.informix

Captain Pedantic wrote: > "Obnoxio The Clown" <obnoxio@serendipita.com> wrote in message > news:mailman.657.1242281599.1831.informix-list@iiug.org... >> http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=databases&articleId=9132733&taxonomyId=173&intsrc=kc_top >> >> >> Anybody think it will work? > > Everyone is equal before the law in America, be it a humble collection of > individual stockholders or a pair of mighty vested interests. So, every > chance, I'd say. :o) -- Cheers, Obnoxio The Clown http://obotheclown.blogspot.com -- This message has been scanned for viruses and dangerous content by OpenProtect(http://www.openprotect.com), and is believed to be clean.