In filings to the SEC, Sun revealed that three companies put forward
bids to buy it.  Besides Oracle, the filings mention company A that
started the whole shebang at the end of last year (which is believed
to be IBM) and company B (unknown -  may be HP, Cisco or Fujitsu).
Oracle originally just wanted the software side of Sun, company B
eventually walked away from a deal, and Oracle offered $9.50 a share,
compared to IBM's $9.10 - so Oracle got Sun.

The Register has the details:
http://www.theregister.co.uk/2009/05/12/suns_three_suitors/
http://www.theregister.co.uk/2009/05/12/sun_oracle_sec/
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