Ellison: Oracle may cut its PeopleSoft bid
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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. may have won a major antitrust fight with the Justice Department last week over its proposed acquisition of PeopleSoft Inc., but that doesn't mean the company is on the verge of closing the deal. -The Washington Post
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Ellison&#39;s revenge. Redux. After waging acquisition war on takeover target PeopleSoft for 16 months, software giant Oracle (nasdaq: ORCL - news - people ) may add insult to what some perceive as injury, again.
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LOS ANGELES (CBS.MW) - Oracle&#39;s chief executive Larry Ellison on Friday said the company may be inclined to lower its $7.7 billion hostile offer for PeopleSoft, according to published reports.
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Oracle has told a Delaware court that it plans to drop a lawsuit pending there against PeopleSoft if PeopleSoft shareholders don't back Oracle's tender offer by next week's deadline.
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Oracle Corp. CEO Larry Ellison testified yesterday that the business software maker is leaning toward lowering its $7.7 billion bid for rival PeopleSoft
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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 chief executive Larry Ellison has testified that the business software maker was leaning toward lowering its $US7.7 billion ($10.
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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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A PeopleSoft director testified on Tuesday that he would be open to considering Oracle's $7.7 billion offer. But, PeopleSoft executives said the company remains opposed.
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PeopleSoft (PSFT:Nasdaq - news - research) Wednesday publicly rejected Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share takeover offer, saying the $8.
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NOVEMBER 22, 2004 (IDG NEWS SERVICE) - PeopleSoft Inc. won&#39;t discuss a sale to Oracle Corp. for a price of $24 per share, the company&#39;s board of directors told Oracle CEO Larry Ellison in a letter on Saturday.
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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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A director of business software maker Peoplesoft says the firm may be ready to negotiate with its would-be buyer, Oracle.
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Two days after a PeopleSoft Inc. board member suggested the company may be willing to sell to Oracle Corp. for the right price, an Oracle director said his firm&#39;s offer to buy its Pleasanton rival for $21 per share may not be final.
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Oracle may be the big winner in PeopleSoft&#39;s firing of CEO Craig Conway. PeopleSoft offered little convincing rationale for the ouster, and speculation centered on the possibility that it is
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WILMINGTON, Del. A director at PeopleSoft says the company&#39;s board is ready to drop its resistance to Oracle&#39;s hostile takeover bid -- if it can strike a better deal.