1. Well this question is the talk of the town that what is best for Satyam and answer is easy to find post analysis:
The interests of Satyam is best served if the company is taken over by IBM as the same will help it to synergise its operations and also benefit from the reputation of IBM as Satyam image has been tarnished post Satyam Scam or Satyam fraud and it definitely requires a panacea to get out of the tainted image. larsen and Toubro may not be able to do justice to it as it has not been able to make a mark in this field with its own infotech arm.
2. In its effort to get the best from the bidding process it has changed the bidding process for a controlling stake to rank qualified bidders whose technical bids are satisfactory on price only. The bidding process would have had to be scrapped but for this modification which states that if there was no bid which was at least 90 percent of the highest bid, then the top bidder will be declared successful. As per the prevalent rules highest bid would be the floor price for an open auction to decide the successful bidder.
What is best for Satyam?
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