Patrick Collands wrote: collands (AT) gmail com
I'd be very grateful for an invitation.
Thank you.
Nov. 29, 2009 12:37 PM EST
|
 |
 |
|
|
|
Comments
Did you read today's front page stories & breaking news?
SYS-CON.TV
|
News Desk Data Domain Accepts Upped NetApp Bid; EMC Proceeds with Tender
EMC, claiming the superior bid, has started a tender offer
By: Maureen O'Gara
Jun. 4, 2009 09:30 AM
Wednesday morning NetApp raised its offer for Data Domain to $30 a share to match EMC’s bid. However, it can’t match EMC’s deeper pockets. It’s still offering a mix of cash and stock but claims its new bid is really worth $1.9 billion net of Data Domain’s cash. By Wednesday evening Data Domain had again accepted its offer though its stockholder may have something to say about that. EMC is offering $1.8 billion in straight cash no financing. That’s $30 in folding money compared to NetApp’s $16.45.
When last seen EMC, claiming the superior bid, had started a tender offer and warned the Data Domain board not to get in its way. The tender offer expires June 29. The NetApp deal could take two-four months to close In anticipation of a counter-bid and figuring that EMC will do what has to be done to deny NetApp the revenues spoils of this little battle, Wall Street has pushed Data Domain’s stock up over $32.50. It was in the mid-teens before it got so popular.
Reader Feedback: Page 1 of 1
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
|
SYS-CON Featured Whitepapers
Most Read This Week
Breaking Cloud Computing News
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
| | | | | | | | |
|
|
|
|
|
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
|
| SYS-CON MEDIA: | | | | |
| SYS-CON EVENTS: | | | | | |
| INTERNATIONAL SITES: | | | | | | | | | | |
 |
Terms of Use & Our Privacy Statement  About Newsfeeds / Video Feeds |
| Copyright ©1994-2008 SYS-CON Publications, Inc. All Rights Reserved. All marks are trademarks of SYS-CON Media. |
| Reproduction in whole or in part in any form or medium without express written permission of SYS-CON Publications, Inc. is prohibited. |
.gif)
CloudBench Applications, Inc. announced its financial results for the three months and nine months ending September 30, 2009. All amounts are stated in Canadian dollars unless otherwise noted. Revenues from BasicGov, the Company's cloud computing solution for local government, gr...
The new contract is an industry first, with CSC being the first Microsoft partner to lead and win a cloud computing services agreement of this scale. Under terms of the contract, CSC will provide Royal Mail Group's 30,000 employees with access to new IT services using Microsoft's...
Operates in over 170 countries and is one of the world’s leading providers of communications solutions and services. Richard Tarboton talks for MeettheBoss.TV on his role as Head of Energy & Carbon for BT and what they are doing towards reducing carbon emissions.
CA is going to put its Agile Planner software on salesforce.com’s Force.com platform in the first half to accelerate development time and give users visibility over their development initiatives to reduce time-to-market. Customers are supposed to be able to accelerate the deploym...
Despite its uncertain fate Sun soldiers on. Monday it trotted out a cloud-based multiplatform desktop as a service for K-12 and community colleges that can run Windows, the Mac OS, Linux and Solaris applications to nearly any client device, including its own Sun Ray thin clients....
