Oracle Corporation (NASDAQ: ORCL) announced on Monday that it has agreed to acquire Acme Packet Inc. (NASDAQ: APKT) in deal estimated at $2.1 billion.
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Oracle Corporation (NASDAQ: ORCL) announced on Monday that it has agreed to acquire Acme Packet Inc. (NASDAQ: APKT) in deal estimated at $2.1 billion. [...] Shares of Acme Packet Inc. (NASDAQ: APKT), a provider of session delivery network solutions, are seeing a huge rally in trading today after the company agreed to be acquired by Oracle Corp. (NASDAQ: ORCL). Under the terms of the agreement, Oracle will acquire APKT for $29.25 per share in cash. [...] Shares of Time Warner Inc. (NYSE: TWX), media and entertainment company operating in three segments; Networks, Filmed Entertainment and Publishing, are up sharply in early trading today. At last check, TWX shares were trading 3.48% higher at $44.61 on volume of 1.82 million. The stock hit an intra-day high of $45.14. [...] |
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