Oracle revises PeopleSoft intentions
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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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To hear Oracle (Nasdaq: ORCL) tell it, PeopleSoft (Nasdaq: PSFT) users, as well as its stockholders, are becoming more comfortable with -- or at least resigned to -- the idea of Oracle's proposed acquisition of the enterprise software company.
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As Oracle Corp. pushes forward with its hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion, it is also sizing up further acquisition
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Oracle (ORCL:Nasdaq - news - research) delivered on its promise that it would produce a slate of directors for nomination at PeopleSoft&#39;s (PSFT:Nasdaq - news - research) annual shareholder meeting next spring, but PeopleSoft repeated its mantra that the
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PeopleSoft's board rejects Oracle one last time. Or does it?
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NEW YORK, October 8  - Oracle Corporation (ORCL.NAS) is considering altering its takeover bid for the rival business software company, PeopleSoft, with discussions leaning towards a potential decline in the current offer of $7.
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Oracle says PeopleSoft stockholders tendered more than 60 percent of the company&#39;s outstanding shares as of midnight Friday, and that it plans to move forward with its proposed hostile takeover.
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The ouster of Craig Conway and the return of Dave Duffield could be a prelude to PeopleSoft accepting Oracle's offer.
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[Wilmington, Delaware | Reuters News Service, 11 October 2004] - Oracle chief executive Larry Ellison said on Friday that Oracle has talked about revising its $21-per-share offer to buy rival PeopleSoft, but he dented Wall Street expectations by saying
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With its takeover of PeopleSoft Inc. nearly complete, Oracle has set Jan. 18 as the launch date for its newly enlarged company and is planning a webcast for customers, partners and press warmly titled "Oracle-PeopleSoft -- Better Together."
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With tomorrow's deadline approaching, Oracle today made another plea to PeopleSoft stockholders to tender their shares, telling them, "The choice is yours."
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Oracle dislikes what PeopleSoft is doing, but it's still buying.
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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 Inc.&#39;s board voted on Oct. 11 to change its controversial customer protection program to help it pass muster in a Delaware court battle with would-be acquirer, Oracle Corp.
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Oracle will try to prove that PeopleSoft's directors acted irresponsibly in rejecting Oracle's $7.7 billion tender offer.
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Get INQ7 breaking news on your Smart mobile phone in the Philippines. Send INQ7 BREAKING to 386. SAN FRANCISCO -- Oracle Corp. is biding its time and preparing for the integration of PeopleSoft
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Oracle Corp. (ORCL.O: Quote, Profile, Research) Chief Executive Larry Ellison said on Friday his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.