Oracle, PeopleSoft key facts
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NEW YORK, Dec 13  - Following are key facts about Oracle, which is the number two global software company behind Microsoft, and PeopleSoft, a business software firm that agreed Monday to be bought after an 18-month battle.
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Oracle Corp. said on Wednesday it has taken control of PeopleSoft Inc., now that about 75 percent of shareholders of the rival software maker have tendered their shares.
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NEW YORK Oracle said on Wednesday that it had taken control of PeopleSoft, as holders of about 75 percent of the shares of the rival software maker had tendered their shares to Oracle.
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Redwood Shores-based software giant Oracle Corp. said in court that PeopleSoft Inc. CEO Craig Conway lied about the effects of Oracle&#39;s $7.
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SAN FRANCISCO - Business software maker Oracle Corp. will do everything it can to support PeopleSoft Inc. customers, who are vital to the success of Oracle&#39;s proposed $9.2 billion takeover of PeopleSoft, Oracle
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Oracle Corp. (ORCL.O: Quote, Profile, Research) said on Wednesday it has taken control of PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , now that about 75 percent of PeopleSoft&#39;s shareholders have tendered their shares.
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Oracle Corp.&#39;s $9.2 billion takeover of rival PeopleSoft Inc. neared the finish line early Saturday morning when a majority of stockholders agreed to tender their PeopleSoft shares.
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Oracle has put up its &quot;best and final&quot; offer for PeopleSoft at US$24 per share. The new price is up $3 from Oracle&#39;s last offer, and is in excess of PeopleSoft&#39;s 52-week closing price high.
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S&amp;P Equity Research maintained ratings for PeopleSoft (nasdaq: PSFT - news - people ) and Oracle (nasdaq: ORCL - news - people ). On Saturday, 61% of PeopleSoft shareholders tendered their stock in favor of Oracle&#39;s offer of $24 a share for the company.
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Oracle chalked up a key victory Friday in its battle to acquire PeopleSoft, with investors agreeing to sell the suitor 60 percent of PeopleSoft&#39;s outstanding shares.
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The Oracle Corporation has taken control of PeopleSoft, ending an 18-month fight and making Oracle the world&#39;s second-largest maker of business-management software.
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NEW YORK, October 4  - PeopleSoft&#39;s (PSFT.NAS) former CEO, Craig Conway, has accepted to have lied when he told investors last year that Oracle&#39;s $7.
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Investor's Business Daily - The oracle of Oracle   seems to have pulled another rabbit out of his hat in his quest to buy rival PeopleSoft  . A majority of PeopleSoft shareholders appeared poised Friday to accept Oracle's offer of &#36;24 per share, though two analysts said it would be close. (Oracle planned to reveal results of its tender offer at about midnight, after press time.)
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Business software maker Oracle  Corp. ORCL.O will do everything it can to support PeopleSoft  Inc. PSFT.O customers, who are vital to the success of  Oracle's proposed $9.2 billion takeover of PeopleSoft, Oracle  Co-Founder and Chief Executive Larry Ellison said on Wednesday.
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Dec-14-2004 - After an emotional and often bitter 18-month battle, PeopleSoft Inc. agreed to be acquired by Oracle Corp.
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NEW YORK, November 16  - PeopleSoft&#39;s (PSFT.NAS) leading shareholders have disclosed different views on Oracle&#39;s (ORCL) $8.
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: Oracle Corp said on Wednesday it has taken control of PeopleSoft Inc, now that about 75 per cent of shareholders of the rival software maker have tendered their shares.