IN BRIEF (Page 16)
China Daily | Updated: 2009-04-17 07:59
Sun ready to restart talks
Sun Microsystems Inc would be willing to resume takeover talks with International Business Machines Corp if IBM made a stronger commitment to closing a deal, Bloomberg said, citing two people familiar with the matter.
But there were no discussions as of Wednesday and each company is waiting for the other to make a move, the sources told the agency. IBM withdrew a $7 billion offer for its smaller rival after Sun broke off exclusive talks earlier this month.
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