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sun microsystems and southeastern asset management agree to appoint new independent members to sun's board of directors
Sun Microsystems and Southeastern Asset Management Agree to Appoint New Independent Members to Sun's Board of Directors
Sun Microsystems, Inc. (NASDAQ: JAVA) and value investment firm, Southeastern Asset Management, Inc., today announced that they have entered into an agreement to add two new independent members to Sun's Board of Directors. Southeastern is Sun's largest shareholder and currently holds approximately 162 million shares, or 22 percent, of Sun's common stock.
Date: December, 08 2008
Url: http://www.sun.com/aboutsun/pr/2008-12/sunflash.20081208.2.xml
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