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

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.