$6.66B for BEA: Larry goes Shopping
Oracle has made a $17 per share offer to buy BEA. This putting a somewhat theatrical "number of the beast" valuation on BEA. Yesterday the stock was sitting at $13 and this morning it is at 18 and change representing a 30% jump. Obviously the crazy dude over at BEA is going to put up at least a simulacrum of a fight. Thinking of it, I expect Alfred "I am compensating for..." to put a heartfelt final battle into this, he has probably already super-glued his naked chest to the BEA boardroom table. It is going to get nasty and he will be dragged out kicking and screaming. Alfred will mumble something about not wanting to be Larry's power point bitch, or waxing his boat, or some other non-sense. But Larry is going to make sushi of that board and will feed it to the koi fish he has in his compound and cost more per head than Alfred's car... This one is going to be funny to watch. Pass the popcorn please. First, because of ICahn's shareholder activism, th
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The simple fact that BULL(sh) IT is in the list just make it really clear that it's a poisson d'avril, of course ;)
It was quite funny to hear people in the queue wondering if you-know-who would turn up, how you-know-who would be dressed, etc…...as if the President of the French Republic would not be there.
The English newspapers did not really care at all about the announced new era in the French-English relationship, focusing on the wardrobe instead of the new Entente Formidable ;-)
London has become the 7th French city in the world...