Oracle extends Peoplesoft offer deadline
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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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Business software maker  Oracle  Corp. ORCL.O said on Thursday it is extending again its  hostile tender offer for all of the common stock of PeopleSoft  Inc. PSFT.O, to Sept. 10.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.
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Oracle yesterday raised its hostile takeover offer for rival software company PeopleSoft by 14%, to $8.8bn (Â£4.37bn), and for the first time set a deadline for acceptance of the bid.
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Company announces an extension of its customer assurance program, a contract clause offered to firms concerned about Oracle's hostile takeover bid.
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SAN FRANCISCO (CBS.MW) -- Oracle late Thursday extended its hostile bid for PeopleSoft for the 13th time, leaving its $7.7 billion offer unchanged at $21 per share.
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REDWOOD SHORES, Calif. (Dow Jones/AP) -- Oracle Corp. extended its hostile bid for PeopleSoft Inc. for the 12th time, pushing the tender offer through Oct. 8. In a press release Thursday, Oracle said about
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NOVEMBER 01, 2004 (IDG NEWS SERVICE) - Oracle Corp. extended what it called its &quot;best and final offer&quot; for rival PeopleSoft Inc.
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Business software maker  Oracle  Corp. ORCL.O said on Thursday it extended again its $7.7  billion hostile tender offer for PeopleSoft Inc. PSFT.O, to  Sept. 10, as it awaits a U.S. District Court judge's ruling on  whether the takeover attempt can move forward.
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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 Corp. CEO Larry Ellison raised his company&#39;s offer for rival PeopleSoft Inc. to $24 a share, or $9.2 billion, calling the fifth bid over a 17-month takeover battle the &quot;best and final&quot; offer.
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Oracle raised its hostile bid for rival business software maker PeopleSoft by 14 percent yesterday, aiming to bring a resolution to the long-running takeover battle between the foes.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) , the world&#39;s second-biggest software company, on Thursday said it again extended its $7.
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PeopleSoft said it could accept a takeover bid from Oracle and now needs time to weigh on it. Oracle has been haunting PeopleSoft for 15 months with the possible bid of $7.
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Updated: Oracle receives tender offers for more than 60 percent of the outstanding PeopleSoft shares and calls for talks to reach a formal buyout agreement.
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Oracle Corp. raised its takeover offer for PeopleSoft Inc. by 14 percent to $8.8 billion, increasing the pressure on the smaller software company to give up its 17-month fight against the bid.
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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.