Oracle says CEO plans to sell up to 100 mln shares
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Oracle Corp. , the world&#39;s  third-largest software maker, on Friday said Chief Executive  Larry Ellison adopted a plan to sell up to 100 million of the  company&#39;s shares over the next nine months.
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PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of $24 per share. Oracle CEO Larry Ellison quickly responded, saying the offer is final and that it is now up to PeopleSoft's shareholders to make a determination.
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Oracle says PeopleSoft stockholders tendered more than 60 percent of the company&#39;s outstanding shares as of midnight Friday, and that it plans to move forward with its proposed hostile takeover.
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Business software maker Oracle Corp.  on Tuesday promised to do everything it can to keep PeopleSoft Inc.'s  giant customer base, whose departure could threaten the financial success of its proposed &#36;9.2 billion takeover of PeopleSoft.
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Oracle Corp can close the gap with SAP, the world&#39;s biggest software company, after buying US rival PeopleSoft, Oracle&#39;s Chairman Jeff Henley said in an interview published on Wednesday.
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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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Hewlett-Packard may be on track to be a $100 billion company this year, but CEO Mark Hurd said there's a total $1.1 trillion IT market for it to pursue.
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InterContinental Hotels Group Plc, the world&#39;s largest hotel operator, will sell more than half its properties as part of a plan to focus on franchising and return 750 million pounds ($1.
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With Oracle&#39;s $9.2 billion tender offer for PeopleSoft set to expire Friday, David A. Duffield, PeopleSoft&#39;s chief executive, accused Oracle on Thursday of spreading
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PeopleSoft Inc. won't discuss a sale to Oracle Corp. for a price of $24 per share, the company's board of directors Saturday told Oracle Chief Executive Officer (CEO) Larry Ellison in a letter.
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Oracle Corp Chief Executive Larry Ellison, who last week won a federal judge&#39;s support for his US$7.7 billion bid for PeopleSoft Inc, now needs to woo PeopleSoft customers to complete his plan to boost sales.
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A company board member testifies in trial that a sale would be possible if Oracle ups its offer.
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Business software maker Oracle Corp. has awarded 60,000 stock options to its newest director to supplement a $52,500 annual retainer, according to documents filed Tuesday.
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The NASDAQ plans to sell $100 million in stock, giving small investors a chance to own a piece of a market that boasts top tech listings including Microsoft and Google.
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As Oracle Corp. prepares for another round of court hearings next week over its bid to take over PeopleSoft Inc., company Chief Executive Officer Larry Ellison took the stage Wednesday to elaborate on his
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Oracle Corp. chief executive Lawrence Ellison said discussions within the company at this point are leaning toward lowering the &#36;21-a-share bid Oracle is offering for rival PeopleSoft Inc.
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Oracle Corp. will disclose layoffs at PeopleSoft Inc. on Friday to integrate the recently acquired company into the world's second-largest business software maker, Oracle's chief financial officer said yesterday.