Oracle makes its best, last offer for 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 Corp. announced on Wednesday the end of an 18-month fight for the takeover of software maker PeopleSoft as 75% of the competitorâs shareholders have agreed to tender their shares to Oracle.
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By Bloomberg News. The chief financial officer of the Oracle Corporation, Harry L. You, said yesterday that $24 a share remained the company&#39;s &quot;best and final&#39;&#39; offer for PeopleSoft Inc.
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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&#39;s board of directors has approved a takeover deal from Oracle worth around $10.3 billion, ending a bitter takeover attemptthat started more than a year ago and creating a major software maker.
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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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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 that  included the ouster of PeopleSoft's chief executive.
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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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DECEMBER 15, 2004  - For the first time since closing a deal to purchase rival PeopleSoft Inc. for $13.3 billion, Oracle Corp.
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The Oracle Corporation announced early yesterday that it would acquire PeopleSoft for $10.3 billion, ending a bitter takeover fight that had lasted more than 18 months.
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After 18 months of conflict, a friendly merger deal has been struck between Oracle Corp. and PeopleSoft Inc. after the former raised its &quot;final&quot; offer by 10 per cent.
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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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PeopleSoft finally gave in yesterday and accepted a $10.3bn (Â£5.4bn) takeover proposal from its larger rival Oracle, ending a pursuit that has lasted 18 months and has been marked by bitter personal insults and a series of courtroom battles.
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SAN FRANCISCO - Oracle Corp. finally scooped up rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a feud with a $10.3 billion deal that promises to shake up the business software industry.
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Oracle Corp. announced Monday that it has signed a definitive merger agreement to acquire PeopleSoft Inc. for approximately &#36;10.3 billion.
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Oracle has put up its &quot;best and final&quot; offer for PeopleSoft at US$24 per share. The new price is up $3 from Oracle&#39;s last offer, and is in excess of PeopleSoft&#39;s 52-week closing price high.
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Oracle yesterday secured a $10.3billion (Â£5.34billion) takeover of rival software maker PeopleSoft, ending an 18-month battle that was among the most acrimonious in corporate history.