Is A Weakening Economy Behind The Oracle-BEA Deal?

When Oracle got BEA this week to agree to an $8.5 billion buyout--significantly lower than what BEA had been insisting on--is it further evidence of rough economic waters ahead?

Oracle's ability to negotiate a $19.38 share price (BEA had been insisting on $21/share) is the work of both investor Carl Icahn and "increasing fears that a slowing U.S. economy could damp global spending by businesses on technology, adding to the financial pressures on small vendors trying to remain independent," according to this thought-and-fear-provoking Wall Street Journal story.

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.