BEA says Oracle bid undervalues BEA

LOS ANGELES | Fri Oct 12, 2007 1:33pm EDT

LOS ANGELES (Reuters) - Business software maker BEA Systems Inc BEAS.O said on Friday that its board had concluded that a $17 per share unsolicited takeover bid from Oracle Corp (ORCL.O) "significantly under-values BEA."

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.