Monday, April 16, 2007
Oracle $3.3B Hyperion Deal Cleared: Financial News - Yahoo! Finance
Oracle $3.3B Hyperion Deal Cleared: Financial News - Yahoo! Finance: "Oracle Receives Regulatory Clearance for $3.3 Billion Acquisition of Hyperion Solutions
REDWOOD SHORES, Calif. (AP) -- Software company Oracle Corp. on Wednesday said it received regulatory clearance to acquire Hyperion Solutions Corp. for $3.3 billion.
The all-cash transaction was first announced in March.
The purchase of Santa Clara-based Hyperion is the company's largest since buying Siebel Systems Inc. in late 2005 for $6.1 billion.
Hyperion Solutions shares fell 5 cents at $51.85 on the Nasdaq Stock Market, and Oracle shares ended down 26 cents at $18.59 on the Nasdaq."
REDWOOD SHORES, Calif. (AP) -- Software company Oracle Corp. on Wednesday said it received regulatory clearance to acquire Hyperion Solutions Corp. for $3.3 billion.
The all-cash transaction was first announced in March.
The purchase of Santa Clara-based Hyperion is the company's largest since buying Siebel Systems Inc. in late 2005 for $6.1 billion.
Hyperion Solutions shares fell 5 cents at $51.85 on the Nasdaq Stock Market, and Oracle shares ended down 26 cents at $18.59 on the Nasdaq."