Oracle takes 60 percent of PeopleSoft shares but game is not over
118010
After a bitter 18-month battle Oracle Corp has succeeded in taking control of more than 60 percent of outstanding shares of rival business software group PeopleSoft, but obstacles to the hostile takeover remain.
370015
Oracle has taken official control of rival PeopleSoft following this week&#39;s decision by PeopleSoft shareholders to tender 75 percent of outstanding stock holdings to the US database and applications giant.
136440
Despite its suitor&#39;s announcement that shareholders had tendered more than 60 percent of outstanding shares of PeopleSoft Inc.
207381
NEW YORK Oracle said on Wednesday that it had taken control of PeopleSoft, as holders of about 75 percent of the shares of the rival software maker had tendered their shares to Oracle.
190277
Investor's Business Daily - The oracle of Oracle   seems to have pulled another rabbit out of his hat in his quest to buy rival PeopleSoft  . A majority of PeopleSoft shareholders appeared poised Friday to accept Oracle's offer of &#36;24 per share, though two analysts said it would be close. (Oracle planned to reveal results of its tender offer at about midnight, after press time.)
369574
More than 60 percent of PeopleSoft Inc.'s shareholders have tendered their stock in support of Oracle Corp.'s &#36;9.2 billion takeover bid for its bitter rival, further extending a bruising battle that already has dragged on for more than 17 months.
325845
SAN FRANCISCO/WASHINGTON  - Software maker Oracle  on Thursday got the green light from a U.S. federal judge for  its $7.7 billion takeover of smaller rival PeopleSoft Inc.,  sending PeopleSoft shares up 15 percent.
259011
Oracle says its latest bid to purchase PeopleSoft is its &quot;best and final offer.&quot; At $24 per share, Oracle&#39;s offer is higher than PeopleSoft&#39;s 24-week high.
223370
NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.
353975
S&amp;P Equity Research maintained ratings for PeopleSoft (nasdaq: PSFT - news - people ) and Oracle (nasdaq: ORCL - news - people ). On Saturday, 61% of PeopleSoft shareholders tendered their stock in favor of Oracle&#39;s offer of $24 a share for the company.
246824
Oracle has boldly claimed that it now has full control of PeopleSoft, although its takeover is actually not quite done. Oracle on Tuesday revealed that close to 75 per cent of PeopleSoft shares had been tendered by investors.
656997
Oracle won a key legal victory in its quest to buy PeopleSoft last week, but the grueling war for control of its software rival is far from over, industry analysts say.
286643
An end to the takeover squabble between Oracle and PeopleSoft may not be in sight even though, in what it called a &quot;best and final&quot; offer, Oracle upped its unsolicited bid by 14 percent, to $24 per share.
26656
Oracle has officially taken control of PeopleSoft Inc. after purchasing the 75% of PeopleSoft stock tendered by the application vendor&#39;s shareholders, Oracle disclosed early Wednesday.
50916
Oracle Corp. ORCL.O on Friday  said 61 percent of PeopleSoft Inc. PSFT.O shares were  tendered for its $24-a-share offer, strengthening Oracle's  hostile bid position as it waits to see if PeopleSoft's board  will remove the final barrier to a deal.
109440
Oracle proclaimed a symbolic victory Saturday after 61 percent of PeopleSoft stockholders accepted its $9.2 billion takeover offer.
404518
PeopleSoft Inc. shares surged 15 percent as investors interpreted the ouster of the company&#39;s chief executive as a sign the company might now be willing to accept Oracle Corp.