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AP source: IBM, Sun break off acquisition talks | |
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||
| Time: 18:16 EST/23:16 GMT | News Source: Yahoo News | Posted By: Andre Da Costa | ||
|
BOSTON IBM Corp. has withdrawn its offer to buy Sun Microsystems Inc. for about $7 billion, The Associated Press has learned. A person familiar with the talks said IBM took its deal off the table this weekend after Sun terminated IBM's status as its exclusive negotiating partner. This person was not authorized to disclose the negotiations and spoke on condition of anonymity. | ||
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