Re: Is it me?
"And the mention of Oracle."
AFAICS the purchase price was based on an auction between Oracle & HP. Leo wanted it it badly enough to pay $8b.
It sounds rather like selling art on Southery's or Christies. In terms of value of canvas & paint the;picture might be worth a few quid. Pre-sale the estimate might be £1m. If two rich bidders go head-to-head it might go for £2m and in general that's taken as the market price - at least until the next one goes for £1m as expected. Was Leo within his rights to go into a bidding war with Oracle and if not why didn't the board stop him?
Biting the hand that feeds IT
