Oracle Refreshes PeopleSoft Offer
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While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle (Quote, Chart) is keeping the deal in play. The database giant extended its previously announced tender offer of $21 for
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Oracle Corp. extended its tender offer for PeopleSoft Inc.'s outstanding shares until tomorrow night, after narrowly missing the volume of shares it requires to bring the merger to a speedy close.
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UPDATED: Oracle (Quote, Chart) has upped its offer for PeopleSoft (Quote, Chart) to $24 per share, in what it called its final bid for the elusive enterprise applications company it has been trying to acquire since June 2003.
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PeopleSoft Inc. said it&#39;s willing to discuss a bid by Oracle Corp. at the ``right&#39;&#39; price, the first time officials have raised the possibility of ending the companies&#39; 16-month takeover fight.
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Oracle has sent an open letter to PeopleSoft stockholders, urging them to accept its $24-er-share bid to buy the company. Oracle charges that PeopleSoft&#39;s board has denied shareholders the
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A PeopleSoft Inc. PSFT.O board  member told a Delaware court on Tuesday that the software maker  would consider a bid from its rival Oracle Corp. ORCL.O  provided the price was right and a deal closed quickly.
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SAN FRANCISCO -- Business software maker Oracle Corp. said on Thursday it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc.
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Oracle said clearance for the bid from the European Union, granted last week, prompted the move. Oracle hopes the higher price will persuade PeopleSoft to drop its remaining obstacles to the deal.
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OCTOBER 08, 2004 (REUTERS) - Oracle Corp. CEO Larry Ellison said today that his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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Following the departure of PeopleSoft Inc. chief executive officer Craig Conway, the software company may be looking with fresh interest at longtime suitor Oracle Corp.
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Oracle Corp. of Redwood Shores again extended its tender offer of $21 a share Thursday for Pleasanton software maker PeopleSoft Inc.
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Oracle extended its offer to acquire PeopleSoft for $7.7 billion from today to Sept. 10 -- the 10th time is has made an extension since launching the takeover campaign in June 2003.
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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. raised the stakes in its hostile bid for PeopleSoft Inc. Monday by increasing its offer to $24 per share, boosting the value of the proposed merger to $9.
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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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Oracle Corp. has extended its $7.7 billion hostile takeover bid for Pleasanton&#39;s PeopleSoft Inc. until Sept. 10. Redwood City-based Oracle&#39;s previous offer would have expired at 9 pm Friday.
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Oracle's $7.7 billion takeover offer for PeopleSoft has been extended several times already and was set to expire today.