sungard chapter 11

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HP seals Comdisco deal for $750m

News Comdisco is currently in Chapter 11 bankruptcy proceedings, but a court auction sold the disaster recovery unit to SunGard for $825m in spite of the firm's initial intention to sell it... [31 Oct 2001]

Channel:
Servers

HP ups the ante for Comdisco

News The move is an attempt to fend-off advances from rival Sungard Data Systems. Comdisco had already accepted Sungard's offer, but according to the Wall Street Journal, the US Justice Department opposed the... [25 Oct 2001]

Channel:
IT Director

Reuters confirms interest in rival Bridge

News Since Bridge filed for Chapter 11 protection last month the company has been linked with a number of potential buyers including SunGard Data Systems and MoneyLine Network. The company... [10 Apr 2001]