Oracle Re-extends PeopleSoft Bid.
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Oracle again extended its tender offer for PeopleSoft to Friday, Sept. 10 at midnight, Eastern Standard Time. Oracle is offering $21 per share or about $7.
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NEW YORK/PHILADELPHIA: Oracle Corp yesterday raised its hostile takeover offer for rival software company PeopleSoft Inc by 14 per cent to $US8.
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Ending 18 months of bad blood, Oracle raised its takeover bid for bitter rival PeopleSoft by 10 percent to seal a $10.3 billion deal that will create the world&#39;s second largest maker of business applications software.
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OCTOBER 08, 2004 (REUTERS) - Oracle Corp. CEO Larry Ellison said today that his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.
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Oracle has put up its &quot;best and final&quot; offer for PeopleSoft at US$24 per share. The new price is up $3 from Oracle&#39;s last offer, and is in excess of PeopleSoft&#39;s 52-week closing price high.
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Oracle yesterday raised its hostile takeover offer for rival software company PeopleSoft by 14%, to $8.8bn (Â£4.37bn), and for the first time set a deadline for acceptance of the bid.
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Oracle Corp. has again extended its $7.7 billion cash offer for PeopleSoft Inc. Shareholders now have until Oct. 8 to tender their shares, Oracle said Thursday.
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Software manufacturer Oracle Corp. said Monday that it raised its hostile bid for rival PeopleSoft Inc. to $24 per share from $21, and said the new price represents the company&#39;s &quot;best and final offer.
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Business software maker  Oracle  Corp. ORCL.O said on Thursday it is extending again its  hostile tender offer for all of the common stock of PeopleSoft  Inc. PSFT.O, to Sept. 10.
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Oracle, which is in the midst of a hostile takeover attempt of rival PeopleSoft, on Monday raised its offer for the smaller software company by $3 per share to $24 per share.
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The Oracle-PeopleSoft takeover battle may have finally entered its endgame, with Oracle Corp upping its bid and for the first time imposing a deadline for PeopleSoft Inc shareholders to accept it.
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PeopleSoft said it could accept a takeover bid from Oracle and now needs time to weigh on it. Oracle has been haunting PeopleSoft for 15 months with the possible bid of $7.
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Oracle is to raise its hostile bid for rival business software maker PeopleSoft to $8.8 billion, calling this its &#39;best and final&#39; offer.
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WILMINGTON, Delaware PeopleSoft said Tuesday that it was extending a money-back guarantee program that it says is designed to protect customers in the event of a takeover by the rival software maker Oracle.
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Oracle Corp. has extended its $7.7 billion hostile takeover bid for Pleasanton&#39;s PeopleSoft Inc. until Sept. 10. Redwood City-based Oracle&#39;s previous offer would have expired at 9 pm Friday.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.