Agile Software: shareholders approve Oracle merger

By Lisa Kerner

Charlotte, N.C., July 13 - Agile Software Corp. said stockholders voted more than 74% of their shares in approval of the company's acquisition by a wholly owned subsidiary of Oracle Corp.

Under the May 15 merger agreement, Agile shareholders will receive $8.10 per share in a cash transaction valued at $495 million.

The merger is expected to close "as soon as practicable" as all regulatory approvals have been received, a company news release stated.

Agile is a San Jose, Calif., lifecycle management software products company.

Oracle is an enterprise software company based n Redwood City, Calif.

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