Oracle&#39;s extra $1 billion seals PeopleSoft deal
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In the end, all it took was an extra billion dollars to complete Oracle Corp.&#39;s takeover of PeopleSoft Inc. In cutting a deal to buy its Pleasanton rival for $10.3 billion, the Redwood City software giant
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European Union antitrust regulators have cleared Oracle Corp&#39;s hostile $US7.7 billion ($A10.31 billion) bid for rival business software maker PeopleSoft Inc, removing one of the last major hurdles to the contested merger.
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Oracle has extended its $21-per-share tender offer to PeopleSoft&#39;s shareholders, which was due to expire this week. The new deadline is September 10th.
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The European Commission approved US software company Oracle&#39;s 7.7 billion-dollar takeover bid for its American rival in the business software market Peoplesoft on Tuesday.
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Business software maker PeopleSoft  Inc. has accepted a sweetened $10.3 billion acquisition offer  from rival Oracle Corp., ending a bitter, 18-month hostile  takeover battle, the companies said on Monday.
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Oracle Corp. has completed its acquisition of rival business software maker PeopleSoft Inc., bringing a formal end to a tumultuous takeover saga.
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_ Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a $10.3 billion deal that promises to shake up the business software industry.
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Business software giant Oracle Corp. announced today that it has signed a definitive agreement to acquire rival PeopleSoft Inc. after sweetening its offer by 10 percent to approximately $10.3 billion. -The Washington Post
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PeopleSoft Inc. on Monday agreed  to a sweetened $10.3 billion buyout by rival software maker  Oracle Corp., relenting after a 18-month takeover saga marked  by personal insults, courtroom battles and the ouster of  PeopleSoft's chief executive.
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PeopleSoft Inc. PSFT.O on  Monday agreed to a sweetened $10.3 billion buyout by rival  software maker Oracle Corp. ORCL.O, relenting after a  18-month takeover saga marked by personal insults, courtroom  battles and the ouster of PeopleSoft's chief executive.
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Oracle Corp. Chief Executive Officer Larry Ellison won PeopleSoft Inc. investors&#39; backing for his $8.8 billion bid to buy the software maker, a victory that brings him a step closer to winning the 17-month hostile takeover fight.
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The European Union has approved Oracle&#39;s takeover of PeopleSoft, marking yet another turn in the bitter 17-month wrangle between the fierce business software rivals.
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About $10.3 billion, not to put too fine a point on it. Rather than swallowing the &quot;poison pill&quot; planned for hostile takeover bids, though, Oracle agreed to come up in its bid for PeopleSoft--$26.50 per share instead of $24 per share.
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REDWOOD SHORES, Calif. -- After months of wrangling, Oracle said Monday that it has signed a merger agreement to buy rival business software maker PeopleSoft.
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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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Oracle is offering US$21 per share or about US$7.7 billion for PeopleSoft, a leader in human resources management software and an applications rival of Oracle.
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Oracle Corp.  on Monday said rival business software maker PeopleSoft Inc.'s  board has accepted a sweetened purchase offer of about &#36;10.3 billion, ending a long and bitter hostile takeover battle.