Tuesday, July 17, 2007

BEA Systems May be Takeover Prey for Oracle, Private Equity: Credit Suisse

(Bloomberg) -- BEA Systems Inc. ``is in play'' as a
potential acquisition target and may receive an offer of $15 to
$18 a share in the next three to six months from software maker
Oracle Corp. or a private equity firm, Credit Suisse Group said.

Analyst Jason Maynard upgraded the maker of software that
helps Internet-based programs exchange information to
``outperform'' from ``neutral'' and increased the price he
expects the shares to reach to $17 from $14.


Read more at Bloomberg Stocks News

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