Download This PaperOracle's Acquisition of Siebel Systems: The Battle of Two Silicon Valley Titans Comes to an End
21 Pages Posted: 21 Oct 2008
Abstract
In September 2005, after years of bitter competition, Siebel Systems Inc. finally agreed to be acquired by Oracle Corporation. The two companies preferred different forms of consideration as payment for Siebel Systems and used a deal structure known as a double dummy to satisfy both parties. The case requires students to examine how the unique deal structure meets the tax and non-tax preferences of the corporations and their shareholders.
Keywords: mergers and acquisitions, deal structuring
JEL Classification: G34, H24, H25
Suggested Citation: Suggested Citation
Frank, Mary Margaret, Oracle's Acquisition of Siebel Systems: The Battle of Two Silicon Valley Titans Comes to an End. Darden Case No. UVA-C-2271, Available at SSRN: https://ssrn.com/abstract=1277007 or http://dx.doi.org/10.2139/ssrn.1277007
Mary Margaret Frank (Contact Author)
University of Virginia - Darden School of Business ( email )
P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924-4432 (Phone)
434-243-5021 (Fax)
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.