Bloomberg reported that SAP is close to buy Sybase for about $6 billion. Sybase shares literally jumped today on stock market while a report said the company is in merger talks with German software SAP.
Real news ? or propaganda for traders profits ? You read more information about the possible Sybase SAP $6 billion deal on Reuters web site here.
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UPDATE May 12, 2010 5:20 PM ET: The Sybase board of directors has unanimously approved the transaction and SAP AG confirms it will acquire Sybase. See it here
