Bitter Takeover Saga Ends In $10.3 Billion Deal
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_ Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a $10.3 billion deal that promises to shake up the business software industry.
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PeopleSoft Inc. on Monday agreed  to a sweetened $10.3 billion buyout by rival software maker  Oracle Corp., relenting after a 18-month takeover saga marked  by personal insults, courtroom battles and the ouster of  PeopleSoft's chief executive.
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Head of a technology industry trade group that encouraged aggressive legal action against Microsoft for antitrust violations for years received nearly $10M as part of a settlement with the software giant.
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Home Depot agreed to sell its construction supply division to three private-equity firms for $10.3 billion, unloading one of the last legacies of its former chief executive, Robert Nardelli.
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Oracle Corp.&#39;s 18-month struggle to gain control of PeopleSoft Inc. drew to a close this morning when PeopleSoft&#39;s board agreed to a new $10.3 billion takeover offer.
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Shareholders of the company approved a $19.5 billion buyout on Tuesday, more than 10 months after the deal was proposed.
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One of the largest private takeovers in history -- the $25.3 billion buyout for college loan giant Sallie Mae -- unraveled yesterday after its buyers balked at the price, citing turmoil in the credit markets and federal legislation to cut subsidies to student lenders.
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PeopleSoft Inc. capitulated to Oracle Corp., accepting a sweetened $10.3 billion offer to end an 18- month battle that pitted PeopleSoft against its shareholders and led to the ouster of its chief executive.
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10 companies with the urge to merge, but which deals will be the ones to work out?
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Today's announcement of Oracle's $10.3 billion buyout of PeopleSoft Inc. isn't drawing rave reviews from the installed based of customers about to be acquired in the deal.
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Shortly after announcing its $10.3 billion acquisition of PeopleSoft Inc. last week, Oracle Corp. wasted no time in setting out to win the confidence of former JD Edwards &amp; Co.
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Dec-14-2004 - After an emotional and often bitter 18-month battle, PeopleSoft Inc. agreed to be acquired by Oracle Corp.
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Oracle Corp. announced today it has signed a definitive merger agreement to acquire PeopleSoft Inc. for approximately $10.3 billion. -AP
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DECEMBER 13, 2004 (IDG NEWS SERVICE) - Oracle Corp. has signed a definitive agreement to acquire PeopleSoft Inc. for $26.50 per share, or about $10.3 billion, the companies said today, ending an acrimonious
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By Richard Waters in San Francisco and Paul Taylor in New York. PeopleSoft succumbed to a sweetened $10.3bn (Â£5.22bn) takeover offer from Oracle yesterday, putting an end to a bitter 18- month battle that
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PeopleSoft&#39;s board of directors has approved a takeover deal from Oracle worth around $10.3 billion, ending a bitter takeover attemptthat started more than a year ago and creating a major software maker.
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TAKEOVER TUG OF WAR: Oracle Corp. ends 18 months of acrimony, boosting its bid for software maker PeopleSoft Inc. by 10 percent to &#36;10.3 billion.