Sybase on the blocks? An article appearing in the Saturday Dec 29 2007 edition of the Wall Street Journal suggested that Sybase may be up for sale, its second-largest institutional investor, Sandell Asset Management, suggesting there would be “significant strategic interest” in acquiring Sybase, and that a “reasonable valuation” in a sale would be $30 to $39 a share. Sybase is currently trading around $24. The article refers to a possible proxy fight, meaning a fight over who controls the […]
Tag: Sybase
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