Friday, June 09, 2006
Oracle extends offer for Portal Software
Oracle extends offer for Portal Software: "Oracle has extended its tender offer for Portal Software Inc. for the second time in two weeks.
The previous tender offer for the billing and revenue management software provider expired Tuesday at midnight. The new offer expires June 20.
Oracle said that about 23.2 million shares have already been tendered, but over 24.6 million are needed to close the deal. "
The previous tender offer for the billing and revenue management software provider expired Tuesday at midnight. The new offer expires June 20.
Oracle said that about 23.2 million shares have already been tendered, but over 24.6 million are needed to close the deal. "
