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CA Offers to Buy its Way Off the Hook

CA Offers to Buy its Way Off the Hook
By Maureen O'Gara
Article Rating:
May 28, 2004 12:00 AM EDT
Reads:
 9,615
Computer Associates has offered to pay $10 million to get the government's investigators off its back and keep the SEC from dragging it into court. Seems a bit chintzy considering the amount of finagling CA did to meet or exceed Wall Street estimates. However, CA has called it an "initial offer."

Published May 28, 2004 – Reads 9,615
Copyright © 2004 SYS-CON Media, Inc. — All Rights Reserved.
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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