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THE TECHNO CLUB [ TECHNOWORLDINC.COM ] => Techno News => Topic started by: Taniya on October 30, 2007, 11:16:50 AM



Title: BEA Defends Its Rebuff of the Takeover Attempt by Oracle
Post by: Taniya on October 30, 2007, 11:16:50 AM
BEA Defends Its Rebuff of the Takeover Attempt by Oracle
     


After allowing Oracle?s buyout offer to expire on Sunday, BEA Systems defended its inaction in a letter to its largest shareholder, Carl C. Icahn, saying the offer was simply too low.
     

http://www.nytimes.com/2007/10/30/technology/30oracle.html?ex=1351483200&en=a8c8e41a74a71776&ei=5088&partner=rssnyt&emc=rss