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Oracle to buy Seibel

You really have to wonder if the inmates are running the asylum but Oracle has agreed to buy Seibel for 5+ billion. The article says that they have to borrow $1.5 billion to get the deal through. I smell WorldCom in this. Oracle is big and rich but the costs for acquisition is always expensive. I guess time will tell. Here is the story.

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# re: Oracle to buy Seibel

Gravatar Look who has time to blog. :) 9/13/2005 5:28 AM | Alan

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