Shares of BEA Systems Inc. (Nasdaq: BEAS) fell $1.03 to close at $16.50 after the company flatly rejected the $17 a share bid by Oracle Corp. (Nasdaq: ORCL). Oracle stock edged up 35 cents to close at $21.35.
BEA Rejects Oracle's Bid
October 26, 2007 at 12:49 PM EDT
