Oracle Talked of Lowering PeopleSoft Bid
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Oracle Corp. (ORCL.O: Quote, Profile, Research) Chief Executive Larry Ellison said on Friday his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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(SAN FRANCISCO) - PeopleSoft is asking its shareholders to reject what Oracle calls its &quot;best and final offer&quot; to buy the company.
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NEW YORK - Soon after an Oracle Corp. director said Oracle's current $21 per share offer for control of PeopleSoft Inc. may not be its final bid, Oracle Chief Executive Officer (CEO) Larry Ellison countered that the company is as likely to lower its bid as to raise it.
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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. on Monday said it  asked Peoplesoft Inc.'s board of directors to rescind an  anti-takeover provision, two days after a majority of  PeopleSoft shareholders tendered their stock in favor of  Oracle's $9.2 billion hostile offer.
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After much speculation that it would raise its bid yet again, Oracle Corp. Monday morning announced its latest offer for PeopleSoft Inc.
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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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Letter says PeopleSoft should avoid court or proxy fight and allow sale to take place. NEW YORK (CNN/Money) - Oracle Corp. called on the board of PeopleSoft to surrender and accept its $24 a share offer Monday
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Senior executives at business software group PeopleSoft have once again spurned a takeover bid from Oracle Corp, even after the latter announced it had control of more than 60 percent of PeopleSoft&#39;s shares.
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Oracle Corp.  Chief Executive Larry Ellison said on Friday that Oracle has talked about revising its &#36;21-per-share offer to buy rival PeopleSoft Inc. , but he dented Wall Street expectations by saying Oracle has focused more on lowering the bid than raising it.
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PLEASANTON, Calif. PeopleSoft&#39;s board of directors said it srejected Oracle Corp.&#39;s nine-point-two (b) billion dollar takeover bid Saturday.
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OCTOBER 08, 2004 (REUTERS) - Oracle Corp. CEO Larry Ellison said today that his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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Oracle Corp.'s hostile $7.7 billion bid for rival software maker PeopleSoft Inc. could drop by one-third to one-fourth, Oracle copresident Safra Catz said yesterday.
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Oracle Corp. said Monday it will drop a lawsuit it filed in Delaware against PeopleSoft, its rival and takeover target, if a majority of PeopleSoft
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Oracle Corp. on Monday said it asked Peoplesoft Inc.&#39;s board of directors to rescind an anti-takeover provision, two days after a majority of PeopleSoft shareholders tendered their
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Oracle is working on an alternative pricing model for its newly acquired PeopleSoft products, which could mean lower prices for PeopleSoft users.
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The board of PeopleSoft Inc. yesterday rejected Oracle Corp.&#39;s $24-a-share hostile takeover bid as too cheap, but said it was open to a deal at a higher price.