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. Full story »
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- 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.
- BEA calls Oracle acquisition offer too low BEA has responded to Oracle's offer this week to buy the company for US$17 per share in cash, calling the offer too low.
- BEA counters Oracle: US$21 a share sounds better BEA System's board of directors has named an acquisition price to competitor and suitor Oracle: US$21 a share, $4 more than Oracle's initial offer.
- BEA counters Oracle: $US21 a share sounds better BEA System's board of directors has named an acquisition price to competitor and suitor Oracle: $US21 a share, $4 more than Oracle's initial offer.