8-KOther EventsExhibits & Filings

ORACLE CORP 8-K Report, Corporate Update (Mar 13, 2008)

Filed March 13, 2008For Securities:ORCLORCL-PD

Summary

Oracle Corporation (ORCL) filed an 8-K on March 12, 2008, primarily to disclose information regarding the proposed acquisition of BEA Systems, Inc. The filing states that BEA hosted a town hall meeting on March 10, 2008, to discuss the merger. While a presentation was prepared by Oracle for BEA employees, it was not used at the meeting but has been made available as an exhibit to this filing. Investors should note that this report serves as a communication tool related to the ongoing acquisition. It includes cautionary statements regarding forward-looking statements and directs investors to further filings for more comprehensive information about the merger and potential risks and uncertainties. The filing is considered solicitation material under SEC rules.

Key Highlights

  • 1Oracle Corporation filed an 8-K on March 12, 2008, related to the proposed acquisition of BEA Systems, Inc. (BEA).
  • 2The filing indicates that BEA held a town hall meeting on March 10, 2008, to discuss the merger with Oracle.
  • 3A presentation prepared by Oracle for BEA employees concerning the acquisition has been filed as an exhibit, though it was not used at the town hall.
  • 4The 8-K includes a cautionary statement about forward-looking statements, highlighting potential risks and uncertainties associated with the acquisition.
  • 5Investors are referred to additional filings (like BEA's definitive proxy statement) for comprehensive details on the merger.
  • 6This filing is classified as soliciting material under SEC Rule 14a-12, related to proxy solicitations for the merger.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide information and updates regarding Oracle Corporation's proposed acquisition of BEA Systems, Inc., specifically detailing communications related to the transaction and its potential impact on BEA employees and shareholders.

The acquisition was proposed and at the time of this filing (March 2008), it was an ongoing process. The 8-K references the Agreement and Plan of Merger dated January 16, 2008, and indicates that further materials, including a definitive proxy statement from BEA, would be filed with the SEC.

The exhibit filed with this 8-K (Exhibit 99.1) consists of presentation slides prepared by Oracle for BEA employees in connection with the town hall meeting discussing the proposed acquisition. Although not used at the meeting, these slides are now publicly available via the filing.

Investors are directed to consult other SEC filings, including BEA's definitive proxy statement filed on March 3, 2008, and other relevant materials that Oracle and BEA will file. These documents will contain important information about the merger, the parties involved, and associated risks and uncertainties.