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Sungard goes private
Topic: Business 12:30 pm EST, Mar 28, 2005

] 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?

Sungard goes private



 
 
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