April 06, 2009
I.B.M. Withdraws Offer to Acquire Sun Microsystems
Posted by Christine Hurt
I'm rushing off to class, but I wanted to note quickly that I.B.M. has broken off negotiations with Sun over the weekend. But lawyers take heart: I.B.M.'s change in tone came after 100 lawyers engaged in extensive due diligence. So, there is a second-year associate somewhere who can't believe the coolest deal she's gotten to work on so far just died over the weekend, but at least her hours for March were good.
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