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Database maker Oracle has offered $9.5 per SUN share, offering a total of $7.4 billion, or $5.6 billion net of SUN's cash and debt.
According to today's issue of N.Y. Times, IBM has withdrawn it $7 Billion bid for SUN Microsystems on Sunday. As a result, JAVA stock collapsed by 22.73%, but still almost double before the takeover story broke.
A known investing website released a rumor that Google is taking over micro-blogging giant Twitter. Is Google afraid of competition in the personal data gathering business...?
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