Oracle ups PeopleSoft offer to $24 per share
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Oracle, which is in the midst of a hostile takeover attempt of rival PeopleSoft, on Monday raised its offer for the smaller software company by $3 per share to $24 per share.
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Oracle Corp. sent yet another letter to PeopleSoft Inc.&#39;s board of directors on Monday morning, pointing out that a majority of PeopleSoft&#39;s owners are prepared to sell at $24 per share and requesting once
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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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PeopleSoft Inc.&#39;s board of directors urged company shareholders on Wednesday to reject Oracle Corp.&#39;s bid of $24 per share for the Pleasanton firm, casting more uncertainty on the 17-month takeover battle.
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Oracle Corp. ORCL.O on Thursday  said it had again extended its $7.7 billion tender offer for  all of the common stock of rival business software maker  PeopleSoft Inc. PSFT.O though it did not change the terms of  its hostile takeover proposal.
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While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle (Quote, Chart) is keeping the deal in play. The database giant extended its previously announced tender offer of $21 for
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Defining the word unsurprising, PeopleSoft&#39;s board of directors unanimously rejected Oracle&#39;s &quot;best and final&quot; $24 per share offer for the company.
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SAN FRANCISCO -- Ending 18 months of hostility, Oracle Corp. has raised its takeover bid for rival PeopleSoft Inc. by 10 per cent to seal a $10.3-billion US deal that will create the world&#39;s second-largest maker of business applications software.
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Shares in PeopleSoft surged in New York after Larry Ellison&#39;s Oracle tabled a take-it-or-leave-it $8.8 offer for the business software company.
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Oracle yesterday sweetened its hostile bid for rival business software maker PeopleSoft to $9.2 billion, a 14 percent increase aimed at resolving the long-running takeover battle between the bitter foes.
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Investor's Business Daily - Oracle   Chief Executive Larry Ellison might well raise his offer of &#36;21 per share to buy business software rival PeopleSoft  , they say.
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Oracle raised its hostile tender offer for PeopleSoft today to $24 a share from $21 a share. The higher bid, which values Peoplesoft at $9.
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PeopleSoft (Profile, Products, Articles) Inc. won&#39;t discuss a sale to Oracle (Profile, Products, Articles) Corp. for a price of $24 per share, the company&#39;s board of directors
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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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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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Oracle Corp. Chief Executive Officer Larry Ellison said Friday his company is considering lowering its $21-per-share offer for PeopleSoft Inc.
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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.