Oracle is still trying to sew up PeopleSoft deal
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Oracle said late Tuesday that it has extended its tender offer for PeopleSoft's outstanding shares by two days, after narrowly missing the volume of shares it requires to bring the merger to a speedy close.
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Oracle&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft for $7.7bn (Â£4.3bn) is set to continue for a bit longer.
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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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SAN FRANCISCO -- PeopleSoft Inc. is trying to create a party-like atmosphere at its annual customer conference, but this week's gathering may feel more like a wake with rival Oracle Corp.'s $7.7 billion takeover bid looming larger than ever.
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Oracle may be breathing fire down its neck with an ongoing hostile takeover effort, but PeopleSoft is trying to withstand the siege and stay independent.
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Oracle Corp. extended its hostile bid for PeopleSoft Inc. for the 12th time, pushing the tender offer through Oct. 8.
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Ziff Davis - The long wait for a decision in the government's antitrust trial against Oracle has prompted the company to extend the deadline yet again for its &#36;7.7 billion attempted buyout of PeopleSoft.
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Oracle extended its $7.7 billion tender offer for all outstanding shares of PeopleSoft yet again on Thursday, as it waits for US District Court Judge Vaughn Walker to issue a decision in an antitrust lawsuit that aims to permanently block the buyout.
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Ziff Davis - PeopleSoft continues on the upgrade path despite the threat of a takeover by Oracle.
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Oracle has again pushed back the expiration date on its offer for PeopleSoft stock.
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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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Oracle will continue its pursuit of PeopleSoft this week, asking a judge to dismantle one of the last obstacles to a deal.
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Oracle has again extended its $7.7 billion cash offer for PeopleSoft by two weeks. Shareholders now have until Oct. 22 to tender their shares, Oracle said Thursday.
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PeopleSoft Inc. is trying to create a party-like atmosphere at its annual customer conference, but this week's gathering may feel more like a wake with rival Oracle Corp.'s &#36;7.7 billion takeover bid looming larger than ever.
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While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle (Quote, Chart) is keeping the deal in play. The database giant extended its previously announced tender offer of $21 for
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PeopleSoft's board is willing to talk about a deal if the price is right.
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At its user conference on Wednesday, Oracle continued sending mixed messages to PeopleSoft customers concerned about how Oracle will support their products if it succeeds in its $9.2 billion takeover bid.