Re: Look's like Larry's at it again...

Most people don't say it properly. ( it's or-uh-gun )

Dan can't even spell it. ;)

Jared

On Friday 20 June 2003 13:54, Daniel Fink wrote:
> I figured he try for something closer to home...say Oragon?
>
> Then Bill would want to buy Mississippi (postal abreviation MS for our
> non-us listers).
>
> "Jesse, Rich" wrote:
> > Oracle Makes Bid to Buy State of Delaware
> >
> > Software giant willing to assume state's $225 million deficit in exchange
> > for
> > legislative control, naming rights
> >
> > Wilmington, DE - Oracle CEO Larry Ellison today announced his intention
> > to purchase the state of Delaware for $300 million in cash and Oracle
> > stock. The
> > move comes on the heels of Oracle's bid for rival software firm
> > PeopleSoft, and is the first time that an offer has been made to buy a
> > U.S. territory.
> >
> > Delaware governor Ruth Ann Minner responded to the bid with shock and
> > seemed certain that the hostile takeover could be avoided.
> >
> > "Oracle's bid comes as a big surprise to the government and people of
> > Delaware", said Minner at a press conference. "At this point, we are
> > checking
> > into whether or not a company, such as Oracle, can buy a state, and
> > whether or
> > not Delaware is actually for sale."
> >
> > Oracle's announcement sent shockwaves through the political and economic
> > landscape. Oracle shares dropped 8% immediately following the
> > announcement, only to rebound and break even for the day, with heavy
> > volume being traded. Meanwhile, government officials in Washington
> > scrambled to look into the legality of such a purchase, and who actually
> > currently owns Delaware.
> >
> > In an afternoon press conference, Ellison seemed certain that Oracle
> > would own
> > Delaware in the near future.
> >
> > "The fact is that the state of Delaware is in a budget crisis that it can
> > not
> > resolve. Oracle's bid will immediately pump $300 million into the state
> > budget, and (Oracle) will also be assuming all current Delaware debt.
> > Call this a 'hostile takeover' if you must, but the people of this great
> > state deserve a better future, and I will be able to give them just
> > that."
> >
> > President Bush, who was giving a speech to coal miners in Kentucky,
> > called the
> > Oracle bid "interesting" and added that "49 states would be easier for me
> > to handle than 50".
> >
> > Ellison rival Tom Siebel called the move "typical", and added "Larry
> > thinks he
> > can take over the world, and I guess he thinks this is a good place to
> > start.
> > I personally would have targeted Vermont."
> >
> > Ellison defended his decision, citing fourteen state parks, a minor
> > league baseball franchise, an annual Nascar race in Dover, and the annual
> > Great Delaware Kite Festival as reasons that Delaware is primed for
> > success.
> >
> > "Delaware is a state rich in tradition and excitement. None of the
> > existing festivals or events will be changed. I mean, who doesn't love
> > minor league baseball and kites?"
> >
> > If the takeover bid is successful, Ellison plans to place several Oracle
> > executives in key state government positions, and is considering
> > re-naming the
> > state either New Ellison or OracleLand.
> >
> > [Couldn't resist, Jared! Hope it's not too OT!]
> > --
> > Please see the official ORACLE-L FAQ: http://www.orafaq.net
> > --
> > Author: Jesse, Rich
> > INET: [EMAIL PROTECTED]
> >
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-- 
Please see the official ORACLE-L FAQ: http://www.orafaq.net
-- 
Author: Jared Still
  INET: [EMAIL PROTECTED]

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