SAP News

destinationCRM.com: Siebel Shareholders Approve the Oracle Takeover: "Siebel Systems shareholders today overwhelmingly endorsed Oracle's $5.85 billion takeover proposal that was announced in September 2005. Of the stockholders voting, 98.73 percent approved the acquisition, which represented 67.12 percent of outstanding shares of common stock. The meeting at which the announcement was concluded with a brief, emotional statement from Tom Siebel, chairman of Siebel's board of directors."