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RE: Sungard goes private

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RE: Sungard goes private
by IconoclasT at 5:33 pm EST, Mar 28, 2005

flynn23 wrote:
] ] Under the terms of the agreement, SunGard stockholders
] ] will receive $36 in cash for each share of SunGard common
] ] stock they hold. Some $500 million in bonds will remain
] ] outstanding. In a morning conference call with analysts,
] ] SunGard valued the total transaction at $11.3 billion,
] ] including common shares outstanding, stock options, debt
] ] and excluding cash on the balance sheet.
]
] More proof that the market does not understand how to invest
] in technology infrastructure companies. The fact that they can
] go private, move quicker, not worry about quarterly earnings
] pressure, and actually MAKE MONEY is a big middle finger to
] Wall Street. I wonder what inFlow's strike price was set at?

On a similar note, regulatory CRAP like Sarbanes Oxley will only serve to push more publicly traded companies private.

RE: Sungard goes private


 
 
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