Will Oracle buy out BEA?

Oracle reportedly made a $6.7bn bid to buy out BEA on Friday but was turned down by BEA because they considered it too low. If Oracle is successful in acquiring BEA, this would really put Oracle ahead on a level with IBM in the Java App Server market place. Oracle has long played with App Servers but has never got the market share compared with the likes of IBM, BEA and JBoss, but this buy out would give them the solid product with an existing customer base that they need.