In September 2005, after years of fierce competition, Siebel Systems, Inc finally agreed to be acquired by, Oracle. The two companies have preferred to various forms of consideration as payment for Siebel Systems and use the deal structure known as a "double-dummy" to satisfy both sides. The case requires students to learn how the unique structure of the transaction corresponds to the tax and non-tax preferences of corporations and their shareholders. "Hide
by Mary Margaret Frank, Michael Pozzi Source: Darden School of Business 20 pages. Publication Date: August 29, 2007. Prod. #: UV0809-PDF-ENG