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Oracle makes bid for BEA Systems (Reuters via Yahoo! News)
Oracle Corp said on Friday it made a $6.7 billion unsolicited offer to buy business software maker BEA Systems Inc , which is under pressure from activist shareholder Carl Icahn to put itself up for sale.

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BEA’s CTO: Scott Dietzen on BEA-HP Collaboration

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Oracle (ORCL) offers BEA Systems (BEAS) $17 a share — will it
(NASDAQ: ORCL) indeed said it has proposed to buy business software maker BEA Systems Inc. (NASDAQ: BEAS) for more than $6.66 billion or $17 a share, a 25% premium over Thursday’s close. Yet, BEA shares are up over 32% to $18+, …

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BEA rejects Oracle buyout offer
BEA?s board of directors has refused Oracle?s unsolicited bid to buy the company saying the offer significantly under-values BEA Systems.

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Description: Oracle makes bid for BEA Systems (Reuters via Yahoo! News) Oracle Corp said on Friday it made a $6.7 billion unsolicited offer to buy business software maker BEA Systems Inc , which is under pressure

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