May 2009: Sun Microsystems Acquisition

Stock: Sun Microsystems

Symbol: JAVA

Buyout Terms: Oracle (ORCL) is paying $9.50 cash for each JAVA share

Est. Closing Date: September 30th

Today’s date: May 4th

Today’s price: $9.13

Projections:

$/% Gain: $0.37/4.05%

Time frame: < 5 months

Annualized return: +9.9%

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