IBM is in talks to buy Sun Microsystems (JAVA) “sources with knowledge of the matter said.”
“International Business Machines Corp is offering to pay at least $6.5 billion, or double Sun’s Tuesday closing price of $4.97, The Wall Street Journal reported online earlier…”
“Sources say talks could still fall apart, but a deal could go through as [...]
Ok, so I am buying a position in WYE for my simulated portfolio today. Entry price: $42.87.
Here’s the number crunch:
Deal terms: $33 cash plus 0.985 shares of PFE per share of WYE.
Entry price of WYE: $42.87
PFE today: $14.26
Deal says I get: 0.985 * $14.26 = $14.046 per sh of WYE plus another $33 per sh [...]
If I had followed my risky advice (here) on Dec 30, 2008, I would have made a killing on the ROH-DOW deal. Well, the deal has been agreed too and I never bought any stock. Here’s the sorry number crunch:
Deal per share: $78 cash
My entry price on Dec. 30, 2008 would have been: $56.76
Deal closes: [...]
Several articles recently have expounded on 3Com’s “China-centric” business model.
Quotes from some recent articles:
“3Com holds 35 percent of the market for networking products in China, about as much as Cisco Systems”
“”China actually has become our home market,” Mao said.” (Bob Mao is the CEO of 3Com).
“3Com made a net profit of US$92.7 million in [...]
