Oracle(R) Clears U.S. Antitrust Review on Siebel
15 Noviembre 2005 - 7:19PM
PR Newswire (US)
REDWOOD SHORES, Calif., Nov. 15 /PRNewswire-FirstCall/ -- Oracle
(NASDAQ: ORCL) today announced that the U.S. Department of Justice
has cleared its proposed acquisition of Siebel Systems, Inc.
(NASDAQ:SEBL) under the Hart-Scott-Rodino Act. The transaction
still requires regulatory clearance from the European Commission
and is subject to other conditions. "We are extremely pleased with
the DoJ's decision and we believe we are on track to close the deal
in the first quarter of next year," said Oracle Spokesperson Bob
Wynne. (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, visit our Web site at
http://www.oracle.com/. Trademarks Oracle, JD Edwards, and
PeopleSoft are registered trademarks of Oracle Corporation and/or
its affiliates. Other names may be trademarks of their respective
owners. The above is intended to outline our general product
direction. It is intended for information purposes only, and may
not be incorporated into any contract. It is not a commitment to
deliver any material, code, or functionality, and should not be
relied upon in making purchasing decision. The development,
release, and timing of any features or functionality described for
Oracle's products remains at the sole discretion of Oracle.
Important Information This document may be deemed to be
solicitation material in respect of the proposed business
combination of Oracle and Siebel Systems. In connection with the
proposed transaction, a registration statement on Form S-4 was
filed with the SEC on October 19, 2005 (Registration No.
333-129139), containing a preliminary proxy statement/prospectus
and other documents filed by Oracle and Siebel Systems.
STOCKHOLDERS OF SIEBEL SYSTEMS ARE ENCOURAGED TO READ THE
REGISTRATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH
THE SEC, INCLUDING THE PROXY STATEMENT/PROSPECTUS THAT IS PART OF
THE REGISTRATION STATEMENT, BECAUSE THEY CONTAIN IMPORTANT
INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION. ANY OFFER OF
SECURITIES WILL ONLY BE MADE PURSUANT TO A DEFINITIVE PROXY
STATEMENT/PROSPECTUS. The final proxy statement/prospectus will be
mailed to stockholders of Siebel Systems and investors and security
holders may obtain the documents free of charge at the SEC's
website, http://www.sec.gov/, from Oracle Corporation, 500 Oracle
Parkway, Redwood City, California 94065, Attention: Investor
Relations, or from Siebel Systems, Inc., 2207 Bridgepointe Parkway,
San Mateo, California 94404, Attention: Investor Relations. Oracle,
Siebel Systems and their respective directors and executive
officers and other members of management and employees may be
deemed to participate in the solicitation of proxies in respect of
the proposed transactions. Information regarding Oracle's directors
and executive officers is available in Oracle's proxy statement for
its 2005 annual meeting of stockholders, which was filed with the
SEC on August 30, 2005, and information regarding Siebel Systems'
directors and executive officers is available in Siebel Systems'
proxy statement for its 2005 annual meeting of stockholders, which
was filed with the SEC on April 29, 2005. Additional information
regarding the interests of such potential participants will be
included in the proxy statement/prospectus and the other relevant
documents filed with the SEC when they become available.
http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
http://photoarchive.ap.org/ DATASOURCE: Oracle Corporation CONTACT:
Bob Wynne, +1-650-506-5834, or , or Letty Ledbetter,
+1-650-506-8071, or cell, +1-510-409-1969, or , both of Oracle Web
site: http://www.oracle.com/
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