First I thought Oracle was not serious about the takeover, they were just trying to hurt the PSFT/JDE merger, which would make the combined company #2 after SAP in ERP. At least they are succeeding in hurting the business of PSFT.

But today they raised the offer to 19+ per share ( 6 something bn ) so seems like they are serious. Also, this is the first time Oracle is trying to buy something if I am not wrong. Mostly they relied on their internal growth. The personal bashing has been fun to watch though.

I can't believe there is no law against killing the product just because someone has more money. That's so bad for the customers. Capitalists.