Mandrakesoft in $7.3 million stock sell-off
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Move should open the way for the Linux seller to buy other companies.
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Thanks to a decline in Microsoft shares, the stock portion of the company's offer has dropped. That means that as of now Microsoft is offering less than it was four days ago. To match its original $31 per share offer, Microsoft would have to boost the exc
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Big valuation, leaky moat, and a large shareholder fleeing. Any takers?
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PeopleSoft (PSFT:Nasdaq - news - research) Wednesday publicly rejected Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share takeover offer, saying the $8.
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DENVER -- Third-quarter revenue fell 7 percent at Janus Capital Group Inc. as assets under management and investment-management fees fell.
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The Motley Fool - Sybase (NYSE: SY - News) last week shelled out $425 million in cash for Mobile 365, a company backed by venture capital. It's certainly a big deal -- in comparison with Sybase's $2 billion market cap -- and investors nudged the stock down 4% on the news. Yet, to be a player in the fast-moving mobile world, high-priced deals are unavoidable, and in this case, Sybase made a savvy choice.
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The Motley Fool - Shareholders of Lawson (Nasdaq: LWSN - News), a developer of enterprise software applications, haven't had the most exciting time in the last few years. Shares have swung between $5 and $7, periodically juiced by buyout rumors. Unfortunately, unless the company really does get bought out, the price will probably continue to plod along.
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Game publisher Take-Two Interactive Software  Inc.  said it sold its video game accessories unit,  Joytech, to Mad Catz Interactive Inc  for about  $3.7 million, as part of its efforts to divest non-core  businesses.
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Oracle Corp.&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion is set to continue for a bit longer.
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Oracle Corp. was not the only beneficiary of a federal judge's ruling late Thursday that it could proceed with its $7.7 billion hostile takeover bid for software rival PeopleSoft Inc. Yesterday, the stock prices of numerous software firms surged during widespread speculation that the antitrust ruling could spark a wave of consolidation in the industry.
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Nasdaq, the largest electronic stock market in America, agreed Friday to buy OMX, the operator of seven Nordic and Baltic exchanges, for $3.7 billion.
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Investors are dumping tech stocks with abandon. As for Overland Storage, it is a buyer.
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Oracle Corp. CEO Larry Ellison testified yesterday that the business software maker is leaning toward lowering its $7.7 billion bid for rival PeopleSoft
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Shares of software-maker VMware, a high-flying stock that soared after an impressive public offering in 2007, were down more than 30 percent Tuesday, as investors responded to weak fourth-quarter earnings.
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Merrill Lynch & Co Inc  on  Wednesday reported $7.9 billion in write-downs for the  third-quarter -- triggering its first loss in six years -- as  the company was burned by lax risk management and bad bets on  mortgages and leveraged loans for corporate takeovers.
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UPDATE: Oracle&#39;s (Quote, Chart) dogged pursuit of PeopleSoft (Quote, Chart) was rewarded on Monday as PeopleSoft&#39;s board of directors agreed to sell the company for $10.3 billion.
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Some analysts saw Mondayâs sell-off, with leading indexes off 4 percent to 7 percent worldwide, as being driven by fear more than by fact.