Oracle Woos, SAP Waits For Retek
March 11, 2005[From internetnews.com]
The Minnesota-based company is in the unlikely position of having the top two ERP market leaders SAP (Quote, Chart) and Oracle (Quote, Chart) fawn over its $174 million in annual revenue and products that serve the retail industry. SAP's initial $496 million offer in February was accepted by Retek but quickly countered by Oracle's $525 million bid this week.
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