ORCL: Hyperion Holders Note – Hogs Get Slaughtered

By Douglas A. McIntyre Updated Apr 15, 4:59PM EDT · Published Mar 13, 1:20PM EDT

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

By William Trent, CFA of Stock Market Beat

Analyst: Hyperion Should Nix Oracle Deal: Financial News – Yahoo! Finance

Oracle Corp. will plunk down $3.3 billion to buy Hyperion Solutions Corp., but at least one analyst thinks the transaction is a bad deal for Hyperion investors.Roth Capital Partners analyst Nathan Schneiderman, who has a “Hold” rating on Hyperion, thinks shareholders should vote the deal down.

“We’re all for makin’ a quick buck, don’t get us wrong — what we don’t like is leaving most of the spoils on the table for Oracle,” Schneiderman wrote in a note to investors.

As we said when the deal was announced:

The buyout price would be around $50 per Hyperion (HYSL) share, about a 25% premium [Ed. note: actually the deal was for 10% more than the rumored price] to the closing price. Given that its shares were already up 30% since issuing a strong outlook in January, its shareholders ought to be pretty happy right now.

And, should the shareholders vote down the deal in hopes of either a higher offer from Oracle or a competing bid, they could just as easily see a lower price as a higher one.

http://www.stockmarketbeat.com/

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.