PeopleSoft battle enters last lap
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The battle for the heart and soul of PeopleSoft is going down to the wire, with major shareholders split as to what the company should do.
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Oracle Corp., the world&#39;s second-largest software firm, made what it called its last and best offer for rival PeopleSoft Inc. on Monday in a takeover battle that has now raged for almost a year and a half.
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WILMINGTON, Del.  - The trial pitting software  giant Oracle Corp. ORCL.O against unwilling takeover target  PeopleSoft Inc. PSFT.O ended on Friday with a Delaware  judge's comment that recent developments seemed to have drawn  the bitter rivals closer together.
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In the final days before shareholders decide on Oracle&#39;s takeover bid for rival software maker PeopleSoft (PSFT), Oracle (ORCL) is scrambling for votes, and PeopleSoft is bracing for the worst.
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Oracle Corp.&#39;s epic quest to acquire PeopleSoft Inc. intensified Tuesday when the two warring companies said major institutional investors are taking sides in the battle.
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Ongoing battle between rival software makers enters new stage. Board has vowed to continue resistance. By Michael Liedtke. SAN FRANCISCO -- More than 60 percent of PeopleSoft Inc.
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SAN FRANCISCO Business software maker PeopleSoft has scheduled its annual meeting for March 25th. That sets the date for a potentially decisive showdown in a fierce battle to fend off rival Oracle&#39;s hostile takeover attempt.
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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.
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An end to the 17-month takeover squabble between software giant Oracle (ORCL ) and rival PeopleSoft (PSFT ) may not be in sight even though, in what Chairman Jeffrey O. Henley called a &quot;best and final&quot; offer, Oracle on Nov.
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Oracle Corp.'s takeover tug-of-war with rival business software maker PeopleSoft Inc. intensified Tuesday as two shareholders who own nearly 20 percent of PeopleSoft's stock indicated they are prepared to line up on opposite sides of the battle lines.
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Despite a clear-cut show of support among its shareholders to accept Oracle&#39;s hostile takeover bid, PeopleSoft&#39;s board is digging in for a fight.
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Oracle Corp.&#39;s $24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight&#39;s deadline for stockholders to offer their shares for sale approached.
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PeopleSoft has remained defiant in the long-running hostile takeover bid by Oracle, despite &#39;over 60%&#39; of its shareholders coming down in favour of its rival.
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The battle for PeopleSoft intensified on Tuesday, with the company&#39;s two top shareholders said to be taking opposite sides in the software maker&#39;s struggle against an $8.8 billion hostile bid by its bigger rival Oracle.
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NOVEMBER 19, 2004 (IDG NEWS SERVICE) - The midnight expiration of Oracle Corp.&#39;s tender offer to PeopleSoft Inc.&#39;s shareholders for control of the company will either end the software rivals&#39; bitter, 17-month battle tonight -- or increase its ferocity.
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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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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.