is continuing its
negotiations with Apple Computer
acquire the ailing Cupertino, California, company, according to a Wall
Although neither firm has been willing to comment on the bid, the report
cites people familiar with the situation who say it is Sun's third attempt
at an Apple takeover in three months.
The report says those close to the talks indicate that the initial aim of
concluding negotiations by next Tuesday has been moved up, with
participants pushing for a resolution this week.
Although reports surfaced earlier this week that a $4 billion stock swap
was in the works for the two companies, others say Sun and Apple are unable
to agree on a price and the deal could easily fall apart.