5:18 p.m. | Updated Oracle agreed on Tuesday to buy the Art Technology Group, an e-commerce software provider, for about $1 billion. Oracle will pay $6 a share in cash, 46 percent more than Art Technology’s closing stock price on Monday. It is the first deal that Oracle has announced since it hired Mark V. [...]
5:18 p.m. | Updated Oracle agreed on Tuesday to buy the Art Technology Group, an e-commerce software provider, for about $1 billion. Oracle will pay $6 a share in cash, 46 percent more than Art Technology’s closing stock price on Monday. It is the first deal that Oracle has announced since it hired Mark V. [...]
Six weeks ago, Oracle’s chief executive, Larry Ellison, said that his deal-happy company planned to set its sights on software makers that cater to specific industries. It found one on Tuesday. Oracle’s impending $1 billion acquisition of the e-commerce software provider Art Technology Group, which was announced Tuesday, fits Mr. Ellison’s description perfectly: Art Technology [...]
For nearly two years, the Democrats have controlled the House, the Senate, the presidency and two new judicial appointments to the Supreme Court. So why does it feel like the Democrats lost in 2008? I think it’s because the Democrats have turned losing into an art form. You know how they say a good dancer [...]
The American Folk Art Museum, which has struggled financially almost since the day it opened the doors of its new building in 2001, is now facing a moment of reckoning, The New York Times’s Kate Taylor reported on Monday. Six months after disclosing that it could no longer make payments on the $32 million it [...]
Speaking of summer blockbuster joys of years past, I’ve noticed in recent movie trailers (a creative art form often, alas, more entertaining than the disappointing films they are cut from) that the soon-to-be-former governor of California, Arnold Schwarzenegger, is appearing in a new feature next month titled, aptly, “The Expendables” (tagline: “Choose your weapon”), written, [...]
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