Shares of BEA Systems shot up more than 38% to close at their highest level since January 2002.
News that BEAS rejected a $17 a share cash offer from Oracle led to a flurry of rumors that a bidding war may break out. In addition to Oracle, potential suitors include SAP, IBM, and HPQ.
Friday, October 12, 2007
BEAS Breaks Out Amid Bidding War.......
