Ooops, forgot this point... #
Posted Wednesday 15th October 2008 11:40 GMT
...besides KKR, there is another very interested party. A company called Southeastern Asset Management and their fund affiliate, Long Leaf Partners, now owns almost 19% of Sun common stock. It looks like they purchased it earlier this year, and they are significantly underwater on their investment. 19% is a damn big number for one investment group to own - so far, they're passive, but you have to wonder about longer term plans....