Path: utzoo!utgpu!water!watmath!clyde!att!mtunx!ihlpa!ihnp4!ihlpl!jhh
From: jhh@ihlpl.ATT.COM (Haller)
Newsgroups: comp.unix.wizards
Subject: Re: O'pain Software Foundation: (3) relationship to GNU & openness
Summary: Shrewd Sun lawyers avoid hostile takeover attempts
Message-ID: <5235@ihlpl.ATT.COM>
Date: 7 Jun 88 22:54:28 GMT
References: <5412@bloom-beacon.MIT.EDU> <3166@pdn.UUCP> <10354@ulysses.homer.nj.att.com>
Organization: AT&T Bell Laboratories - Naperville, Illinois
Lines: 10

In article <371@mipseast.mips.COM> rogerk@mipseast.mips.COM (Roger B.A. Klorese) writes:
>7% (plus, as I recal, a board seat) can have quite a bit of influence, 
>especially when AT&T is contractually committed to being able to own 
>20%.

Sun probably has done its best to avoid any hostile takeover attempts
with its agreement with AT&T.  With 20% ownership, although AT&T may
have some influence, it does not have control.  And, because AT&T
can buy 2x the amount of anyone else that buys more than 20%, other
potential takeover artists are likely to look for other, easier targets.