Oracle to Issue Tender Results Saturday
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Oracle Corp.  said it would report preliminary results of its &#36;8.8 billion hostile tender offer for PeopleSoft  as soon as practicable after 1 a.m. EST Saturday.
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Oracle Corp. early Wednesday declared that it had won control of PeopleSoft Inc. after stockholders tendered about 75 percent of the outstanding shares of the Pleasanton, Calif.
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Oracle Corp.'s &#36;24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight's deadline for stockholders to offer their shares for sale approached.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) said it would report preliminary results of its $8.8 billion hostile tender offer for PeopleSoft (PSFT.
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BRUSSELS The European Commission is expected Tuesday to approve Oracle&#39;s $8 billion acquisition of PeopleSoft without conditions attached, a person briefed on the investigation said Monday.
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Oracle Corp. recently learned that PeopleSoft will reject Oracle&#39;s $24.00 a share- its best and final offer. The cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc.
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InfoWorld - Oracle plans to fix dozens of flaws in its software products next Tuesday, including critical bugs in the company's database, e-business suite, and application server.
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Business software maker  Oracle  Corp. ORCL.O said on Thursday it extended again its $7.7  billion hostile tender offer for PeopleSoft Inc. PSFT.O, to  Sept. 10, as it awaits a U.S. District Court judge's ruling on  whether the takeover attempt can move forward.
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Oracle said today that it has learned that PeopleSoft will reject its $8.8bn, $24 a share, &quot;best and final&quot; cash tender offer.
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Software giant Oracle Corp. said Wednesday that stockholders of rival PeopleSoft Inc. have tendered about 75 percent of the company's outstanding shares, granting Oracle control of the company.
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It looks as though the European Commission is getting ready to permit  Oracle's (Nasdaq: ORCL) US&#36;7.7 billion hostile takeover bid of PeopleSoft (Nasdaq: PSFT). The ruling, which has been  widely anticipated after a similar consideration in the United States also  paved the way for Oracle's takeover, is expected to be handed down before the  end of October.
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The Friday midnight expiration for Oracle's tender offer to PeopleSoft's shareholders for control of the company will either end the software rivals' bitter, 17-month battle or increase its ferocity.
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Oracle said late Tuesday that it has extended its tender offer for PeopleSoft's outstanding shares by two days, after narrowly missing the volume of shares it requires to bring the merger to a speedy close.
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- SAN FRANCISCO  - Oracle Corp. Friday said a majority of PeopleSoft Inc. shares have been tendered for its $24-a-share offer, strengthening Oracle&#39;s
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Oracle Corp. Friday said 61 percent of PeopleSoft Inc. shares were tendered for its $24-a-share offer, strengthening Oracle&#39;s hostile bid position as it waits to
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Business software maker  Oracle Corp. (ORCL.O) said on Thursday it extended again its &#36;7.7 billion hostile tender offer for PeopleSoft Inc. (PSFT.O), to Sept. 10, as it awaits a U.S. District Court judge's ruling on whether the takeover attempt can move forward.
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Oracle Corp. on Thursday said in a letter to PeopleSoft Inc. stockholders that it would withdraw its hostile takeover bid if less than half of PeopleSoft shares were tendered by the offer's deadline.