NY pension fund says to tender PeopleSoft stock
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New York state&#39;s pension fund, the nation&#39;s second largest, said on Friday it plans on tendering its 2.2 million shares of PeopleSoft Inc.
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In the ongoing takeover drama, Oracle Corporation announced today that it is improving its tender offer for all the common stock of PeopleSoft, Inc.
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US investment fund Steel Partners II on Thursday offered to buy 90 percent of Gencorp Inc. (GY.N: Quote, Profile, Research) it does not already own for about $700 million
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The California Employees' Retirement System (Calpers) is tendering its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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NEW YORK, November 24  - Oracle Corporation (ORCL.NAS) is seeking a court order to remove PeopleSoft&#39;s (PSFT) anti-takeover defenses, after 61% of PeopleSoft&#39;s shareholders tendered their shares last week in support of Oracle&#39;s takeover
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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.
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The company&#39;s initial offer of $7.7bn or $21 per share, was due to expire at midnight tonight but Peoplesoft will now have another two weeks, until 22 October, to make their decision.
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LOS ANGELES (CBS.MW) - The California Public Employees&#39; Retirement System, the largest public US pension fund, has tendered its 1.5 million shares of PeopleSoft Inc.
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The California Public Employees&#39; Retirement System, the largest US pension fund, tendered its PeopleSoft Inc. shares to Oracle Corp.
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Wells Fargo Securities raised the target price on PeopleSoft (nasdaq: PSFT - news - people ) to $26, following Oracle&#39;s increased bid of $24 per share for the enterprise software company.
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Oracle again extended its tender offer for PeopleSoft to Friday, Sept. 10 at midnight, Eastern Standard Time. Oracle is offering $21 per share or about $7.
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Oracle Corp. recently learned that PeopleSoft will reject Oracle&#39;s $24.00 a share- its best and final offer. The cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc.
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PeopleSoft shareholders have until midnight tonight to decide whether to tender their stock in support of Oracle&#39;s $24-per-share offer for the business software concern.
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Calpers, a large US pension fund, has joined a growing list of big investors supporting Oracle in its hostile buyout--at $9.2 billion--of rival PeopleSoft.
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Oracle said today that it has learned that PeopleSoft will reject its $8.8bn, $24 a share, &quot;best and final&quot; cash tender offer.
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Letter says PeopleSoft should avoid court or proxy fight and allow sale to take place. NEW YORK (CNN/Money) - Oracle Corp. called on the board of PeopleSoft to surrender and accept its $24 a share offer Monday
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NEW YORK, October 8  - Oracle Corporation (ORCL.NAS) has extended its $7.7 billion tender offer for PeopleSoft (PSFT) until the midnight of October 22 this year, leaving the terms of its hostile takeover proposal unchanged at $21 per