Oracle to acquire Siebel for USD 5.85bn

Tuesday, September 13, 2005 US-based Oracle Corporation announced earlier today that they are buying rival US-based Siebel Systems for $10.66 USD per share. Siebel shareholders have the option to receive the $10.66 per share in cash or in Oracle stock. This deal is valued at approximately $5.85 billion USD. Siebel Systems’ Board of Directors has […]

Read More

Emergency declared in US state of Washington, eight additional casualties, many still without power

Monday, December 18, 2006 A state of emergency was declared Sunday for the U.S. state of Washington by governor Christine Gregoire, as additional reports of storm-related casualties surfaced. The state National Guard has been deployed to aid in distributing supplies. Thousands were still without power in the coastal and Puget Sound regions, though most urban […]

Read More