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January 16, 2008Oracle Buys BEA Systems (Again)!
Well, the day has finally arrives. The deal is done. Ding, dong, the witch is dead (?) Rome has fallen. Goliath has slain David (or whatever).
Oracle today announced that the beast had fallen to the previously hostile takeover situation and is buying BEA for $8.5 billion, or $19 per share in cash. ZdNet has a good blog about it here.
I will compile other news about this as it happens. For now, here is the release from ebizQ.
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