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Stock Market Investing: Oracle buyout of BEA

bea.jpgIn today’s stock market investing blog, I will take a look at the pending takeover of BEA from their fiercest competitor Oracle. This piece is updated frequently, and we hope to provide you with some valuable news and tips for your investing purposes. The stock market investing blog does not offer specific buy and sell advice and we strongly recommend that you seek a professional for this type of information. Come back to this blog often for more information, tips and news.

 

BEA is a company that offers software products similar to Oracle. Specifically, they produce software that uses the Java platform for business purposes like stock trading and the like. Because of this, the acquisition of BEA by Oracle makes sense. Oracle is in direct competition with BEA, so in effect, Oracle would be able to eliminate a competitor while also expanding its services. Oracle offered a premium of twenty five percent over the closing stock price and this forced the stock price of BEA to jump up considerably. That is good news for investors. For some time, BEA major stock holders have pressured the company to make a deal with Oracle, and it looks like now that their efforts were not in vain.

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Posted on Friday, October 12th, 2007 at 10:14 am In Stock Market Investing
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