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Friday, October 12, 2007

News: Oracle offers to buy BEA for $6.7 billion

This is a big news today.
Oracle proposes to acquire BEA for $17.00 per share in cash. The $17.00 per share offer is a 25% premium over yesterday's closing price of $13.62.
See http://www.oracle.com/bea/index.html for full details.