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Oracle Makes $6.7-Million Offer for SOA Firm

3:11 PM MDT | October 12, 2007 | Esther D'Amico

Oracle (Redwood Shores, CA) says it has made an offer to acquire business software developer BEA Systems (San Jose, CA) for $17/share, or about $6.7 billion, in cash. That is a 25% premium over BEA’s closing prices on October 11, the day before Oracle...

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