PeopleSoft ups severance deals
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In an apparent bid to ease workplace anxiety amid the threat of a possible takeover by Oracle, PeopleSoft directors have approved more-generous severance packages for employees in the event of a sale.
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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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Shares in PeopleSoft surged in New York after Larry Ellison&#39;s Oracle tabled a take-it-or-leave-it $8.8 offer for the business software company.
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TAKEOVER TUG OF WAR: Oracle Corp. ends 18 months of acrimony, boosting its bid for software maker PeopleSoft Inc. by 10 percent to &#36;10.3 billion.
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U.S. stocks rallied on Monday after  software maker PeopleSoft Inc. PSFT.O accepted a sweetened  $10.3 billion buyout by rival Oracle Corp.'s ORCL.O and other  big deals raised expectations of more takeovers.
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The California Employees' Retirement System (Calpers) is tendering its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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Business software maker PeopleSoft Inc. strengthened its ties with technology giant IBM Corp. on Tuesday, hoping to boost its recently sagging sales as it continues to fight Oracle Corp.
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The Oracle-PeopleSoft takeover battle may have finally entered its endgame, with Oracle Corp upping its bid and for the first time imposing a deadline for PeopleSoft Inc shareholders to accept it.
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PEOPLESOFT has strengthened its ties with technology giant IBM hoping to boost its recently sagging sales as it continues to fight Oracle&#39;s $US7.
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Oracle raised its hostile tender offer for PeopleSoft today to $24 a share from $21 a share. The higher bid, which values Peoplesoft at $9.
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The California Employees' Retirement System voted Wednesday to tender its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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Oracle Corp. on Monday raised its hostile bid for Peoplesoft Inc. to $9.2 billion, a 14 percent increase over its earlier $7.7 billion bid, which it called its &quot;best and final offer&quot; in the 17-month saga.
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Oracle announced Monday that it has increased its PeopleSoft takeover bid to US$24 a share, calling the figure its &quot;best and final&quot; offer for its rival.
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One week after completing its contentious takeover of PeopleSoft, Oracle began sending layoff notices to some of the 11,700 employees working at its former rival.
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Business software maker PeopleSoft Inc. strengthened its ties with technology giant IBM Corp. on Tuesday, hoping to boost its recently sagging sales as it continues to fight Oracle Corp.'s &#36;7.7 billion hostile takeover 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.
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US stocks rose on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.