My husband, John Plocher, and I attended the special meeting of Sun Microsystems’ stockholders this morning in the Santa Clara, CA, Auditorium. For the official word, read the press release. I have worked for Sun for 25 years, so I wanted to be there today in person. (Just for fun, see below a photo of the 4 March 1986 Sun IPO prospectus in a plastic cube, given to employees who were there at the time.)
There were several kinds of guards around: uniformed, guys in black suits with sunglasses, and a german shepherd dog. The Auditorium was only about
half-full (maybe 100 people?). The meeting lasted about ten minutes. It was opened by Mike Dillon, Executive Vice President, General Counsel and Corporate Secretary, who apologized on behalf of Chief Executive Officer and President Jonathan Schwartz, who was too ill to attend. The proposed merger transaction with Oracle (“Proposal to Adopt the Merger Agreement”) was the only item on the agenda. Quorum was present, ballots were distributed then collected, the proposal was approved. Oracle will acquire Sun common stock for $9.50 per share in cash. Craig Norris (Vice President, Corporate Law, and Assistant Secretary) ended the meeting with the phrase: “So it is written, so it shall be done”.
Another view of the meeting from Alex Handy is called “The end of Sun”.
| Sun IPO Prospectus Cube 1986
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Meeting Sign Today
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guards
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Santa Clara Clocktower Building
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Images Copyright 2009 Katy Dickinson and John Plocher
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