No Sun C-level executives were in the room when the vote was taken. Sixty-two percent of the outstanding shares were voted in favor of the deal, Sun said. Due diligence continues at the federal level for the proposed $7.4 billion transaction.
– SANTA CLARA, Calif. It took Sun Microsystems 27 years
to get it to where it is today as one of the world’s most innovative IT
companies. It took exactly three minutes on July 16 to obtain approval
from stockholders for the company to lose its independent status and
become property of longtime bu…