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Short Take: BEA files for offering

BEA Systems filed to sell 6 million shares of common stock; all shares offered are being sold by the company. The middleware vendor intends to use the proceeds to repay outstanding indebtedness primarily associated with acquisitions, as well as for working capital and other general corporate purposes.

BEA Systems filed to sell 6 million shares of common stock; all shares offered are being sold by the company. The middleware vendor intends to use the proceeds to repay outstanding indebtedness primarily associated with acquisitions, as well as for working capital and other general corporate purposes.