Oracle/Taleo Corp.
On February 9th, Oracle (Nasdaq: ORCL) entered into an agreement to acquire Taleo Corporation (Nasdaq:TLEO), for $46.00 per share or approximately $1.9 billion, net of Taleo’s cash and debt.
Taleo’s Talent Management Cloud helps organizations attract, develop, motivate and retain human capital to improve performance and drive growth.
The Board of Directors of Taleo has unanimously approved the transaction. The transaction is expected to close mid-year 2012, subject to Taleo stockholder approval, certain regulatory approvals and other customary closing conditions.
Taleo’s Talent Management Cloud helps organizations attract, develop, motivate and retain human capital to improve performance and drive growth.
The Board of Directors of Taleo has unanimously approved the transaction. The transaction is expected to close mid-year 2012, subject to Taleo stockholder approval, certain regulatory approvals and other customary closing conditions.
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