Monday, October 15, 2007
How Would Monsieur Ellison Like His BEA Served? Mixed in a Bucket With Oracle’s Other Acquisitions?
Looks like we may be in for another PeopleSoft-esque takeover drama.
BEA Systems’ board formally rejected Oracle’s $17-per-share offer to acquire it last Friday, saying the company is trying to buy it on the cheap. “BEA is worth substantially more to Oracle, to others and importantly, to our shareholders than the price indicated in your letter,” [...]




