It's finally been agreed. Oracle are to acquire BEA for $8.5 Billion. It was a long time coming but lets face it was always pretty inevitable.
Oracle Strikes Deal to Buy BEA Systems for $8.5 Billion
By John Flowers
Oracle Corp. said it will acquire BEA Systems in a $8.5 billion deal three months after BEA slapped away an Oracle takeover offer as too low.
Oracle would pay $19.38 for each BEA share, a 24% premium to Tuesday's close price of $15.58.