BALA CYNWYD, Pa., Oct. 17, 2007 (PRIME NEWSWIRE) -- Law offices of Brodsky & Smith, LLC announces that it is evaluating the legal ramifications of the proposed acquisition of BEA Systems, Inc. ("BEA" or the "Company") (Nasdaq:BEAS) by Oracle Corp. ("Oracle") (Nasdaq:ORCL). On October 12, 2007, Oracle announced an unsolicited offer for BEA at $17.00 per share. That same day, BEA rejected the Oracle offer. BEA has not, however, announced an auction for the Company or announced any negotiations with Oracle to raise the bid.
If you are a shareholder of BEA and acquired your shares before the October 12, 2007 announcement of the Oracle bid and wish to discuss the legal ramifications of the proposed acquisition by Oracle, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.