Skip to main content

Carl Icahn wante BEA to consider Oracle's bid

Billionaire Carl Icahn, BEA's biggest shareholder with approx 15% of its stock, has told a reporter that it is "insane" for the company to reject out of hand Oracle's unsolicited bid. "I'm not saying I accept $17," Icahn told Reuters. "It's going to be a three-month process." BEA is insisting that it's worth $21 per share.

Icahn has written a letter to the BEA board, disclosed in an SEC filing, demanding that it let shareholders vote on what the best bid for BEA might be.

The choices, he believes, ought necessarily to include the existing $6.7BN offer from Larry Ellison's Oracle Corp.


I'm still wondering what's keeping VMware from not making this move.
Labels:

Comments

Post a Comment

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus
Post a Comment
Read more

Linux, Linux : Get started with VMWare and Knoppix or Ubuntu Live CD!

Well everyone's talking about it now and you're wondering "what the heck is Linux?". So you've finally come face to face with yourself and say it loudly(errum..In your head first , please). I want to learn it! I admit it, I've been a fool! I hafta learn this kool OS! OK chill! You're faced with a challenge of all that installation crap. And boy, ask the veterans they've made lot's of money just installing Linux and installing Oracle on Linux was a big thing. And talking about setting about clusters was only for Big Boys and doing Oracle RAC setup was only for BEEEG BOYZ!!! Ok I can see you're already sleeping on my story. And Hey! Stop drooling on my shoulder! Wake up!!! You yell back at me " WHAT DO I HAFTA DO? WHERE I GOTTA KLIK? I Don't wanna fight with my wife over installing Linux at home? And my Microsoft Boss is angry because I made my colleagues so scared when I installed Linux at work? Ok Ok I get it. You want to learn it'...
7 comments
Read more