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Oracle Outbids SAP to Acquire Retek







Oracle Outbids SAP to Acquire Retek

Oracle Outbids SAP to Acquire Retek 03/22/2005 06:45 PM

Oracle outbid German competitor SAP and won the bidding contest to acquire retail software maker Retek Inc., receiving the nod from Retek's board of directors. The merger agreement obligates Oracle to buy up Retek's stock at $11.25 per share for a total purchase price of $670 million.




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Oracle Outbids SAP to Acquire Retek

Grok Headline matches for Oracle Outbids SAP to Acquire Retek

Update: Oracle again outbids SAP for
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Update: Oracle again outbids SAP for
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Oracle increased its bid for Retek to $11.25 per share late Thursday, again outbidding rival SAP in the tug-of-war for the retail software maker.

Oracle overcomes SAP to acquire Retek
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Update: Oracle overcomes SAP to acquire
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Oracle has won its bidding war against German software rival SAP to acquire retail management software developer Retek, Oracle said on Tuesday.

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Oracle raises bid for Retek


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Oracle to Buy Retek for About $670
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Oracle Outbids SAP to Acquire Retek

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