altquark
Legendary Poster
Did anyone else see this ? I know they "refuted" this at about the same time - but usually, if stock price increases occur - then things are happening on the market. The two software giants are discussing how to change our world (again)
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SAP, Microsoft Rumored to Be in Acquisition Talks
By Reuters
December 4, 2007
The speculation drives up SAP stock prices in Europe.
LONDON (Reuters)—Shares in software maker SAP extended gains and hit the day's high on Monday as traders cited market talk of bid interest from Microsoft.
SAP declined comment.
By 8:30 a.m. EST, shares in SAP were up 1.8 percent at 35.6 euros, figuring among the top gainers in a flat German market .GDAXI. More than 5 million shares were traded in SAP compared with average full-day volume of nearly 8 million traded over the past 30 days.
SAP last week said it expects to launch its 4.8 billion euro offer for Business Objects on December 4 after getting the final required regulatory approval.
The deal represents SAP's biggest acquisition and is a departure from its former strategy of organic growth.
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[ QUOTE ]
SAP, Microsoft Rumored to Be in Acquisition Talks
By Reuters
December 4, 2007
The speculation drives up SAP stock prices in Europe.
LONDON (Reuters)—Shares in software maker SAP extended gains and hit the day's high on Monday as traders cited market talk of bid interest from Microsoft.
SAP declined comment.
By 8:30 a.m. EST, shares in SAP were up 1.8 percent at 35.6 euros, figuring among the top gainers in a flat German market .GDAXI. More than 5 million shares were traded in SAP compared with average full-day volume of nearly 8 million traded over the past 30 days.
SAP last week said it expects to launch its 4.8 billion euro offer for Business Objects on December 4 after getting the final required regulatory approval.
The deal represents SAP's biggest acquisition and is a departure from its former strategy of organic growth.
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