Oracle&#39;s bid still facing hurdles
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PeopleSoft reiterated on Tuesday its opposition to a $7.7 billion takeover offer from Oracle after the European Union approved the bid, removing the last regulatory hurdle to a deal.
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Oracle Chief Larry Ellison may be No. 10 on Forbes magazine&#39;s list of the top 400 wealthiest Americans, but that doesn&#39;t make buying a football team--let alone another software company--an easy feat.
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BOLSTERED by investors, Oracle appears set to complete its long-sought takeover of PeopleSoft, unless its rival proves it is worth more than the $US9.2 billion ($11.7 billion) bid currently on the table.
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Despite a clear-cut show of support among its shareholders to accept Oracle&#39;s hostile takeover bid, PeopleSoft&#39;s board is digging in for a fight.
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the continuing brouhaha between Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT) being a notable exception. South Africa&#39;s Harmony
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While a U.S. District Court continues to weigh the legality of  Oracle's (Nasdaq: ORCL) attempted takeover of  PeopleSoft (Nasdaq: PSFT), Oracle has taken the necessary steps to ensure the offer does not die on the vine with PeopleSoft's shareholders.
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Bolstered by investors, Oracle Corp. appears destined to complete its long-sought takeover of PeopleSoft Inc. unless its rival becomes more profitable and proves it is worth more than the &#36;9.2 billion bid currently on the table.
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If you think Oracle&#39;s (ORCL:Nasdaq - news - research) 18-month fight to buy PeopleSoft (PSFT:Nasdaq - news - research) was tough, wait until you see the struggle to make it work.
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Google&#39;s long-awaited public offering finally made it to the street, but the search is still on for Microsoft&#39;s Windows update.
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PeopleSoft board members on Wednesday rejected Oracle&#39;s &quot;best and final&quot; offer in the often contentious 17-month hostile takeover battle--but the database software giant remains on the hunt.
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Corporations are interested in open source, but barriers to adoption remain, Forrester analysts say.
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Got to circle around those SAP wagons Oracle loves buying companies and it simply can't break/won't break the habit. It's got ambitious growth targets to meet and rivals' market share to take.â¦
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Google&#39;s search for a way to become a public company has hit a roadblock the company never expected: investor hesitance.
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To probably no one&#39;s surprise, the PeopleSoft board again has rejected Oracle&#39;s $9.2 billion bid for the company as insufficient.
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BRUSSELS--The European Commission is still in talks with Oracle over its plan to take over rival software company PeopleSoft but aims to make a decision before the end of October, a Commission representative said Friday.
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Oracle is one step closer to taking over rival PeopleSoft now that a federal judge has ruled against the federal government's effort to thwart the &#36;7.7 billion hostile bid over antitrust concerns, a decision that could spark a rash of tech-sector acquisition attempts.
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NOVEMBER 01, 2004  - The end may be in sight in the ongoing saga of Oracle Corp.&#39;s hostile takeover bid for embattled competitor PeopleSoft Inc.