Oracle and BEA: What happens next?
Despite consistent pressure from acquisition-happy Oracle, leadership at BEA Systems leadership has so far resisted selling itself to the software giant. Oracle now says it is prepared to pull its US$6.7 billion offer for BEA off the table. Full story »
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- BEA rejects US$6.66bn bid from Oracle Oracle has offered to purchase rival BEA Systems for US$17 per share, a total of about US$6.66 billion in cash -- but BEA rejected the offer as too low.
- Oracle threatens to drop BEA takeover bid Oracle on Tuesday threatened to withdraw its bid to purchase BEA Systems if BEA doesn't let its shareholders vote on the proposal by Sunday.
- Oracle drops BEA acquisition offer Oracle has retracted its US$6.7bn offer to acquire middleware maker BEA, after BEA allowed a Sunday deadline to expire.