Oracle Receives Regulatory Clearance from German Cartel Authority for Purchase of Retek

April 5, 2005

[From Oracle Corp.]

REDWOOD SHORES, Calif. 04-APR-2005 REDWOOD SHORES, Calif., April 4, 2005 Oracle Corporation (NASDAQ: ORCL) today announced it has received final clearance from the German Cartel Authority for its purchase of Retek Inc. (NASDAQ: RETK). Oracle had previously announced it had signed a definitive merger agreement with Retek under which Oracle will acquire Retek at a price of $11.25 for each outstanding Retek share. Oracle also previously announced it had received clearance for the transaction from the U.S. Department of Justice.

The article continues at

The Network for Technology Professionals



Legal Notices, Licensing, Permissions, Privacy Policy.
Advertise | Newsletters | E-mail Offers