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Oracle Wins BEA With Sweetened $8.5B Bid

Deal for business software maker closes after Ellison bumps price

By Jim O'Neill, Newser User

Posted Jan 16, 2008 7:51 AM CST

(Newser) – Business software maker Oracle continued its yearlong buying spree, closing a contentious deal with middleware maker BEA Systems after raising its offer to $8.5 billion, or $19.38 a share, Bloomberg reports. In October, Oracle offered BEA $6.7 billion, or $17 per share,... Read full story »

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Oracle Wins BEA With Sweetened $8.5B Bid

Deal for business software maker closes after Ellison bumps price

Silicon Valley • NASDAQ • Larry Ellison • Oracle • software • acquisition • BEA Systems • middleware

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