Oracle sets PeopleSoft deadline
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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's attempt to buy rival software producer Peoplesoft hangs in the balance as investors consider its $9.2bn takeover offer ahead of Saturday's deadline.
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SAN FRANCISCO  - Business software maker  Oracle Corp.  said on Thursday it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc. , to Sept. 10, as it awaits a U.S. District Court judge's ruling on whether the takeover attempt can move forward.
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Oracle Corp.&#39;s $9.2 billion takeover of rival PeopleSoft Inc. neared the finish line early Saturday morning when a majority of stockholders agreed to tender their PeopleSoft shares.
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Business software group Oracle Corp. said it had extended a hostile takeover offer for PeopleSoft by two weeks to November 5.
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Business software maker  Oracle  Corp. ORCL.O said on Thursday it extended again its $7.7  billion hostile tender offer for PeopleSoft Inc. PSFT.O, to  Sept. 10, as it awaits a U.S. District Court judge's ruling on  whether the takeover attempt can move forward.
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Business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) on Tuesday promised to do everything it can to keep PeopleSoft Inc.
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BEA Sunday let a 5 p.m. Pacific Time deadline expire on Oracle's $6.7 million bid for the company
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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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Software company Oracle Corp said on Wednesday it planned to nominate four candidates for election in 2005 to the board of its rival and takeover target PeopleSoft Inc.
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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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AMSTERDAM, Netherlands  - European Union regulators will decide Tuesday whether Oracle Corp.'s hostile bid for PeopleSoft Inc. can go ahead, ruling on the proposed takeover two-weeks ahead of schedule, the EU's antitrust chief said.
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Oracle called on PeopleSoft&#39;s board to meet and close a deal over the weekend. The company had set Friday as the deadline for its tender offer, vowing to walk away from the transaction if investors
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A director of business software maker Peoplesoft says the firm may be ready to negotiate with its would-be buyer, Oracle.
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With Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share offer for PeopleSoft (PSFT:Nasdaq - news - research) set to expire late Friday night, the database giant has thrown cold water on the notion that the price could go higher.
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LOS ANGELES (CBS.MW) -- As the deadline for what Oracle Corp. has called its &quot;best and final&quot; offer for PeopleSoft Inc. looms, two of the unwilling takeover target&#39;s top shareholders were split Tuesday on whether to back the $9.2 billion bid.
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NEW YORK, October 8  - Oracle Corporation (ORCL.NAS) has extended its $7.7 billion tender offer for PeopleSoft (PSFT) until the midnight of October 22 this year, leaving the terms of its hostile takeover proposal unchanged at $21 per