Nothing new...companies have sometimes felt that a certain unit's value was recognized within the whole company. EMC is rumored to be a Private Equity target. They are just attempting to make a preemptive move.
To: Bloody Sam Roberts; martin_fierro; ShadowAce
To: nickcarraway
If anything, the IPO should have caused EMC's price to go down, since some of the value of the total company was going to be sold off.I think that the idea is that VMware stock will be exchanged for cold hard cash, that will end up in EMC's pocket. That is, their balance sheet will have more cash in it, which means better price to book ratio.
3 posted on
02/14/2007 8:59:42 AM PST by
ikka
To: nickcarraway
"Everyone in IT already knew EMC owned VMware, so presumably the value of VMware was in the EMC stock price. It is hard to say how much VMware is worth,"
I wasn't aware of this and I use VMware!
6 posted on
02/14/2007 1:50:32 PM PST by
neb52
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