Sun Pulls a Yahoo?
According to The Wall Street Journal, acquisition talks between IBM and Sun Microsystems are "on the brink of collapse" today for a number of reasons, including too low a price and too much ability for IBM to back out of the deal. Perhaps it's a negotiation tactic. But chances are more likely that we're seeing another example of tech acquisition ego, where management and directors of a former high flier know that they are worth so much more -- and management and directors of a long-time high flier assume that hardball always works.
