By Chris Kasso on Oct 22, 2008
``Memphis-based Southeastern said it has talked to Sun's management, and
will have further discussions "regarding opportunities to maximize the
value of the company for all shareholders."''
Hawkin's company has lost between $1 and $2 billion in their investment in GM over the past decade. Hopefully they will do better with their Sun ownership.
I think odds are he's going to stir things up a bit at Sun. Probably not the same way Carl Icahn tried to at Yahoo but I suspect he will be a force in directing our future.
If anything it provides pressure on the Board to fulfill their responsibility to the stockholders.