Oracle gets BEA

You can listen to the conf call HERE.
Details from the linked call: (all safe harbors from the call apply)
Offer: $19.37 1/2cents cash
Valuation aprox: 8.5 billion value
Expected close: Mid Oct 2008
Location within the Oracle stack hints: Larry mentions that BEA's offerings are "overwhelmingly complimentary" to Oracle's Fusion Middleware products. Vertical FMW offerings (telcos mentioned twice, China mentioned once). "Provides scale" to Oracle's middleware business.