Oracle withdraws BEA offer as deadline expires
170647
Oracle Corp  withdrew a $6.7 billion bid for business software maker BEA Systems Inc  on Sunday, setting the stage for a proxy battle between activist investor Carl Icahn and the BEA board.
508310
Oracle rejected BEA Systems' proposed purchase price of $21 per share, calling it "impossibly high" for Oracle or any other company.
431647
At an asking price of nearly $8 billion, BEA Systems was finally talked into an Oracle buyout. But with Oracle's long history of software buyouts, will it cut BEA -- and its many business customers -- enough slack?
770173
Oracle has again pushed back the expiration date on its offer for PeopleSoft stock.
140017
SAN FRANCISCO, Oct. 26  â The business software maker BEA Systems signaled its intent to let Oracleâs $6.7 billion takeover bid expire Sunday, setting the stage for a showdown with its largest shareholder, the billionaire investor Carl C. Icahn.
754057
Oracle continues to snap up smaller software companies even while it battles to acquire middleware vendor BEA. On Wednesday Oracle said it had agreed to buy Interlace Systems, which makes operations planning software, for an undisclosed price.Interlace sells software that pulls together data from different sources and allows companies to run &quot;what if&quot; scenarios on the data to determine the outcome of changes they make.Its Integrated Business Planning product has been aimed mainly at manufacturing companies. Customers include Seagate Technologies, the disk drive maker, and Eaton, which makes electrical systems and power systems.Oracle said it would integrate the software with its Enterprise Performance Management System, including the&#160;Hyperion software it bought earlier this year, to give customers better financial and operational planning tools. It won&#39;t discuss a timeline for integration until the merger closes, which is expected to happen next month.Oracle will also continue to offer Interlace&#39;s products on a standalone basis and continue to work with databases and application servers from other vendors, including Microsoft&#39;s SQL Server, IBM&#39;s WebSphere, and SAP&#39;s NetWeaver, according to an FAQ on Oracle&#39;s Web site.Oracle said it would retain Interlace staff with &quot;significant domain expertise&quot; in its products.Interlace is the 10th acquisition Oracle has announced this year and the 36th since 2005. The company said it has become fast and efficient at integrating them all, with specially assigned staff and &quot;proven templates and processes for repeatable success in integration.&quot;On Oct. 12,&#160;Oracle offered $6.7 billion to buy middleware vendor BEA.&#160;BEA called the offer too low, but Oracle on Tuesday said it was a &quot;generous&quot; offer and&#160;gave BEA until Sunday to accept.
455866
Oracle's $7.7 billion takeover offer for PeopleSoft has been extended several times already and was set to expire today.
610572
SAN FRANCISCO, Oct. 29 -- After shooing away Oracle's $6.7 billion takeover bid, BEA Systems dug in its heels for a potentially disruptive battle with its largest shareholder, activist investor Carl C. Icahn.
380380
US business software giant Oracle said Wednesday it had reached an agreement to take over rival BEA Systems in a 8.5 billion dollar deal.
130592
Business software maker BEA Systems Inc  has agreed to be acquired by Oracle Corp  for $8.5 billion, the companies said on Wednesday.
545828
Oracle has extended its $21-per-share tender offer to PeopleSoft&#39;s shareholders, which was due to expire this week. The new deadline is September 10th.
715248
BEA Systems made good Sunday on its promise to let a 5 p.m. Pacific Time&#160;deadline expire on Oracle&#39;s $17-per-share offer to buy the company.
766562
BEA Systems&#39; largest shareholder is demanding that its board of directors allow shareholders to vote on a&#160;$17-per-share purchase offer from Oracle, which is set to expire at 5 p.m. Pacific Time Sunday.
146183
Business software maker Oracle Corp. agreed Wednesday to buy BEA Systems Inc. for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the company that pioneered Web services software.
593324
Oracle Corp. on Thursday said in a  letter to PeopleSoft Inc. stockholders that it would withdraw  its hostile takeover bid if less than half of PeopleSoft shares  were tendered by the offer's deadline.
387639
Integration 101 Mini Poll Well, the shareholders succumbed in the end, and BEA is now to be part of the mighty machine that is Oracle (see here if you missed the news). This probably didn't come as that much of a surprise to the pundits, and the BEA shareholders must obviously think they're getting a good deal. Beyond the wheeling, dealing and competitive shenanigans, though, we'd be interested in your views of how the move is likely to impact those that matter the most â the customers.â¦
246496
BEA Systems Inc  said on Friday it still cannot accept the $17-per-share takeover bid from Oracle Corp  as it significantly undervalues the business software maker.