You've Gotta Hand it to Larry!

Ellison Moves Quickly to Push Aside IBM, Plunges Into Competitive Server Market -

"One person familiar with the situation said IBM's final offer over the weekend was closer to the latter figure, making Oracle's $9.50 offer a financially better alternative in the view of Sun's board and more likely to close. Oracle has to pay Sun a $260 million breakup fee if it terminates the transaction.

Another person said
IBM was pressing Sun's board to revoke change-of-control provisions that would give a large number of Sun executives two years of salary in the event of a sale. Yet another person familiar with the matter said Oracle didn't hesitate to accept those provisions, characterizing them as 'a rounding error' to the software giant."