Stories by John Blau and Grant Gross

Sun to acquire StorageTek for $5.43 billion

Sun Microsystems has reached an agreement to acquire Storage Technology (StorageTek) in a move to beef up the US computer company's storage and data management portfolio.

SBC to acquire AT&T for $16 billion

SBC Communications plans to acquire AT&T in a deal worth US$16 billion, the company said in a statement Monday. The deal will create the largest telecommunications carrier in the U.S.

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