Sap now directly holds 95.35 pct of outstanding Business Objects shares
SAP AG now directly holds 95.35 pct of the outstanding shares of Business Objects, after the company had reopened its offer from Jan 16 to Jan 29 at the same price of 42 eur per share, according to French market regulator AMF.
SAP AG was downgraded today by analysts at Wedbush Morgan and the stock is now at $48.04, down $0.35 on volume of 1,958,101 shares traded.