Publish date:

Sun Microsystems Down on Deal


Sun Microsystems

(SUNW) - Get Report

slipped 1.4% in preopen


TST Recommends

trading after is said it would buy

Cobalt Networks


for about $2 billion in stock. Sun said it would swap 0.5 of its shares for each share of Cobalt. Sun closed at $115.25 Monday; Cobalt finished at $41.13.