Back in March rumors were circulating that Sun was considering acquisition of Rackable. If they were, it didn’t happen.
This week Rackable is back in the news with a new rumored suitor, IBM. Barron’s Tech Trader Daily reported on Tuesday that
Rackable Systems (RACK) shares are sharply higher in pre-market trading, aided in part by comments by an options analyst on CNBC this morning who said there are rumors that the company could be acquired by IBM. TheFlyOnTheWall.com yesterday reported “renewed takeover chatter” in the stock.
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