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Oracle Finally Gets BEA

January 16th, 2008 at 12:30 pm

Source:GigaOM
Turns out Oracle really wanted BEA Systems after all, enough to pay a 24 percent premium over Tuesday’s closing price for BEA shares. The database giant said today it would pay $19.38 a share in cash, which values the deal at $8.5 billion including the $1.3 billion in cash BEA already has on hand.

BEA (BEAS) […]

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