PeopleSoft Willing to Talk With Oracle
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PeopleSoft Inc.'s board is prepared to drop its ferocious resistance to Oracle Corp.'s hostile takeover bid and negotiate a price above the current &#36;7.7 billion offer if there's "high certainty" a deal can be done quickly, a company director said in court Tuesday.
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At its user conference yesterday, Oracle continued to send out mixed messages about how it will support PeopleSoft products if it succeeds in its $9.2bn (Â£4.8bn) takeover bid for its rival.
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While it has so far rejected each of Oracle Corp.&#39;s takeover offers, PeopleSoft Inc.&#39;s board of directors is willing to talk about a deal at the right price, a member of PeopleSoft&#39;s board said Tuesday.
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Oracle made its âbest and finalâ offer of $24 per share of PeopleSoft today (November 1). The all-cash offer values PeopleSoft at $9.
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PeopleSoft Inc.  on Tuesday denied an analyst report that its executives recently met with Oracle Corp. , the rival software vendor that last year launched a hostile bid for PeopleSoft.
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BRUSSELS--The European Commission is still in talks with Oracle over its plan to take over rival software company PeopleSoft but aims to make a decision before the end of October, a Commission representative said Friday.
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Oracle Corp. sent yet another letter to PeopleSoft Inc.&#39;s board of directors on Monday morning, pointing out that a majority of PeopleSoft&#39;s owners are prepared to sell at $24 per share and requesting once
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PeopleSoft shareholders have rejected Oracle&#39;s &quot;final&quot; offer for the company, but could Oracle make a comeback? The board is hoping it can hold off its rival for just a few more innings.
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Oracle Corp. said it is at an impasse with PeopleSoft Inc., signaling the two software makers will wage a proxy battle to resolve Oracle&#39;s $8.8 billion takeover bid.
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NOVEMBER 29, 2004  - Embattled ERP software vendor PeopleSoft Inc. last week refused to capitulate in its long-running battle with potential purchaser Oracle Corp.
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PeopleSoft Inc., which is fighting a hostile takeover bid from Oracle Corp., on Tuesday announced an alliance with IBM that may help ease the worries of potential customers.
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PeopleSoft customers are getting more comfortable with the idea of an Oracle takeover - at least they are according to Oracle&#39;s co-president Charles Phillips.
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PEOPLESOFT IS considering a bid from its rival Oracle now that its CEO, who opposed the deal, is out of the way. Peoplesoft director Steven Goldby told a Delaware court on Tuesday that the software maker would
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After 16 months of shouting &quot;no&quot; from the rooftops, PeopleSoft is now saying &quot;maybe&quot; to Oracle&#39;s so-far-hostile business takeover bid.
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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 Corp. has again extended its $7.7 billion cash offer for PeopleSoft Inc. by two weeks. Shareholders now have until Oct. 22 to tender their shares, Oracle said Thursday.
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After 16 months of bloody warfare, PeopleSoft has finally voiced a willingness to sit down and discuss a deal with Oracleâa development that marks the beginning of the end for the company, according to some legal experts.