Crunchtime Arrives for Oracle and PeopleSoft
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The Wall Street rumor mill is working overtime, spinning off speculation about how soon a decision will be announced in the US government lawsuit aimed at blocking Oracle&#39;s (ORCL:Nasdaq - news - research) proposed takeover of PeopleSoft (PSFT:Nasdaq
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Unless a Delaware judge clears the way for Oracle Corp. to buy PeopleSoft Inc. in the next few weeks, the Pleasanton firm&#39;s shareholders will have the final say about their company&#39;s fate on March 25.
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It&#39;s an early Christmas for Oracle Corp.âand PeopleSoft Inc. shareholders. The two companies announced early Monday morning a definitive merger agreement whereby Oracle will acquire PeopleSoft for $26.50 per share, or $10.3 billion.
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Oracle Corp.  will announce layoffs at PeopleSoft Inc. on Friday to integrate the recently acquired company into the world's second-largest business software maker, Oracle's CFO said on Tuesday.
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The battle for the heart and soul of PeopleSoft is going down to the wire, with major shareholders split as to what the company should do.
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The midnight expiration of Oracle's tender offer for PeopleSoft shares will either end the software rivals' bitter, 17-month battle tonight -- or increase its ferocity.
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U.S. stocks to watch on Monday: ORACLE  CORP. ORCL.O, PEOPLESOFT INC. PSFT.O:
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SAN FRANCISCO - Oracle Corp. finally scooped up rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a feud with a $10.3 billion deal that promises to shake up the business software industry.
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Customers will be able to get their hands on the delayed version of Oracle Corp.'s E-Business Suite 11i.10 within 60 days, the Redwood Shores, California, company announced Monday, at the opening day of its OpenWorld conference in London.
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No one can envy the position of PeopleSoft (Nasdaq: PSFT) executives as they enter their annual Connect user conference this week. Last year's show was dominated by speculation over Oracle's (Nasdaq: ORCL) hostile takeover bid for the company -- a prospect they hoped would be squelched by this year.
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PeopleSoft Inc. will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corp.
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An end to the 17-month takeover squabble between software giant Oracle (ORCL ) and rival PeopleSoft (PSFT ) may not be in sight even though, in what Chairman Jeffrey O. Henley called a &quot;best and final&quot; offer, Oracle on Nov.
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Oracle again extended its tender offer for PeopleSoft to Friday, Sept. 10 at midnight, Eastern Standard Time. Oracle is offering $21 per share or about $7.
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The ouster of Craig Conway and the return of Dave Duffield could be a prelude to PeopleSoft accepting Oracle's offer.
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PeopleSoft Inc. has scheduled its annual meeting for March 25, setting the date for a potentially decisive showdown in a fierce battle to fend off rival Oracle Corp.
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Get INQ7 breaking news on your Smart mobile phone in the Philippines. Send INQ7 BREAKING to 386. SAN FRANCISCO -- Oracle Corp. is biding its time and preparing for the integration of PeopleSoft
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The combination of PeopleSoft applications with Oracle&#39;s database and middleware products could lead to a closer relationship between IBM and SAP.