Oracle Extends Hyperion Tender

Oracle announced that the Hart-Scott-Rodino (HSR) review period for its tender offer for Hyperion Solutions Corporation has expired

March 29, 2007

1 Min Read
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REDWOOD SHORES, Calif. -- Oracle (Nasdaq: ORCL - News) today announced that the Hart-Scott-Rodino (HSR) review period for its tender offer for Hyperion Solutions Corporation (Nasdaq: HYSL - News) has expired. Tender conditions that remain outstanding include the expiration of regulatory waiting periods in other jurisdictions, all of which are scheduled to expire by April 12. Oracle's tender offer, which had been set to expire at 5:00 p.m., New York City time, on Friday April 6, has been extended until 5:00 p.m., New York City time, on Friday April 13, 2007 to conform to the remaining regulatory waiting periods. As of 5:00 p.m., New York City time, on March 28, 2007, approximately 285,000 shares had been tendered in and not withdrawn from the offer.

Oracle Corp.

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