CARY – SAS is not for sale, says CEO and majority owner Jim Goodnight and talks with Broadcom have broken off, according to a report.
“I can confirm that Dr. Goodnight sent a message to all employees in which he said ‘We are not up for sale.’ SAS remains focused on furthering innovation to serve our customers,” SAS spokesperson Shannon Heath said late Tuesday afternoon.
Meanwhile, The Wall Street Journal says acquisiton talks between SAS and Broadcom have ended, noting that SAS owners Goodnight and John Sall had changed their minds.
The newspaper cited unnamed sources.
The Journal first reported on Monday that Broadcom was in negotiations with SAS to buy the privately held company for as much as $20 billion.
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