Department of Justice Clears Oracle's Acquisition of BEA Systems
27 Febrero 2008 - 12:31PM
PR Newswire (US)
REDWOOD SHORES, Calif., Feb. 27 /PRNewswire-FirstCall/ -- Oracle
Corporation (NASDAQ:ORCL) today announced that the U.S. Department
of Justice and Federal Trade Commission have granted early
termination of the Hart-Scott-Rodino (HSR) review period for
Oracle's proposed acquisition of BEA Systems, Inc. (NASDAQ:BEAS).
As previously announced, BEA has scheduled a special meeting of its
stockholders, to be held at 10:00 a.m. Pacific time on Friday,
April 4, 2008 to consider and vote on the proposed merger. The
transaction still requires BEA stockholder approval and regulatory
clearance from the European Commission and is subject to other
closing conditions. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO) About Oracle
Oracle is the world's largest enterprise software company. For more
information about Oracle, please visit our Web site at
http://www.oracle.com/. ### Cautionary Statement Regarding
Forward-Looking Statements This document contains certain
forward-looking statements about Oracle and BEA including
statements that involve risks and uncertainties concerning Oracle's
proposed acquisition of BEA. Actual events or results may differ
materially from those described, expressed or implied in this press
release due to a number of risks and uncertainties, many of which
are beyond the control of Oracle or BEA. The potential risks and
uncertainties include, among others, the possibility that the
transaction will not close or that the closing may be delayed,
general economic conditions, industry specific conditions and the
possibility that Oracle or BEA may be adversely affected by other
economic, business, and/or competitive factors. In addition, please
refer to the documents that Oracle and BEA, respectively, file with
the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K.
These filings identify and address other important factors that
could cause Oracle's and BEA's respective financial and operational
results to differ materially from those contained in the
forward-looking statements set forth in this document. Accordingly,
no assurances can be given that any of the events anticipated by
the forward-looking statements will transpire or occur, or if any
of them do so, what impact they will have on the results of
operations or financial condition of Oracle or BEA. Oracle and BEA
are under no duty to update any of the forward-looking statements
after the date of this document to conform to actual results.
Additional Information about the Merger and Where to Find it In
connection with the proposed merger, BEA has filed a preliminary
proxy statement with the Securities and Exchange Commission (the
"SEC"). Additionally, BEA and Oracle will file other relevant
materials in connection with the proposed acquisition of BEA by
Oracle pursuant to the terms of an Agreement and Plan of Merger by
and among Oracle, Bronco Acquisition Corporation, a wholly-owned
subsidiary of Oracle, and BEA. The materials filed by BEA with the
SEC may be obtained free of charge at the SEC's web site at
http://www.sec.gov/. Investors and security holders of BEA are
urged to read the proxy statement and the other relevant materials
when they become available before making any voting or investment
decision with respect to the proposed merger because they will
contain important information about the merger and the parties to
the merger. Oracle, BEA and their respective directors, executive
officers and other members of its management and employees, under
SEC rules, may be deemed to be participants in the solicitation of
proxies of BEA stockholders in connection with the proposed merger.
Investors and security holders may obtain more detailed information
regarding the names, affiliations and interests of certain of
Oracle's executive officers and directors in Oracle's most recent
Form 10-K and in other relevant materials filed with the SEC when
they become available. Information concerning the interests of
BEA's participants in the solicitation, which may, in some cases,
be different than those of BEA stockholders generally, is set forth
in the materials filed with the SEC on Form 10-K and in the proxy
statement. http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
http://photoarchive.ap.org/ DATASOURCE: Oracle Corporation CONTACT:
Deborah Hellinger of Oracle Corporate Communications,
+1-650-506-5158, , or Roy Lobo of Oracle Investor Relations,
+1-650-506-4073, Web site: http://www.oracle.com/
Copyright
Bea Systems (MM) (NASDAQ:BEAS)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Bea Systems (MM) (NASDAQ:BEAS)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Bea Systems (MM) (NASDAQ): 0 recent articles
Más de Bea Systems (MM) Artículos de Noticias