The Lotus-Eaters -- Remember when the aborted Microsoft-Intuit merger - valued at over $2 billion - would have been the largest such deal in the history of the computing industry? No more! IBM today announced a $60 per share bid to take over Lotus Development Corporation. If the deal goes through it would be valued at approximately $3.3 billion, and IBM indicates it intends to pay for the purchase from "cash on hand." Lotus has resisted tight ties with IBM in the past, and this takeover bid has been characterized as "potentially hostile, IBM pursuing legal action to prevent Lotus from using a "poison pill" anti-takeover strategy. As of mid-morning, Lotus stock was up more than 25 points, with a volume over 10 million shares. [GD]
Keyboard Shortcuts in Stacks
You aren't limited to using the mouse or trackpad to select items within a stack. Once you've clicked a stack to open it, you can type a letter to jump to the first file starting with that letter, or press either the Tab or arrow keys to move among the stack's contents. Press Return to open the selected item.
Visit plucky tree
- IBM's Been Taking Notes (12 Jun 95)