REDWOOD SHORES, Calif. -- The merger of Minneapolis-based Retek and Oracle here creates a large new retail software company, but some observers questioned how retailers will take to the new entity. Database software giant Oracle and Retek, a supplier of retail applications software, announced last week that they signed a definitive merger agreement under which Oracle will acquire Retek at a price of $11.25 for each outstanding Retek share for a reported total of $670 million. The ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.