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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Buyout rumors swirl at Sun, Siebel
Sun Microsystems rose 5% to 3.62 on heavy volume after a published report said CEO Scott McNealy is teaming up with investment firm Silver Lake Partners to take the computer maker private in an $18 bil deal. McNealy wrote in an internal e-mail that the speculation was an "unsubstantiated rumor," and Sun COO Jonathan Schwartz called the report a "joke."
** Siebel Systems rose 5% to 9 after a published report said Oracle approached the company about a possible $5 bil buyout. Both ...
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