Investors duke it out in PeopleSoft bid
412119
update In the latest twist in the hostilities between Oracle and PeopleSoft, Wall Street&#39;s footsoldiers are massing for battle.
369574
More than 60 percent of PeopleSoft Inc.'s shareholders have tendered their stock in support of Oracle Corp.'s &#36;9.2 billion takeover bid for its bitter rival, further extending a bruising battle that already has dragged on for more than 17 months.
81635
Investors welcomed the end of Oracle Corp.'s 18-month battle to take over PeopleSoft Inc., pushing stocks higher Monday. A better-than-expected survey of retail sales also helped the markets.
222564
Oracle made its âbest and finalâ offer of $24 per share of PeopleSoft today (November 1). The all-cash offer values PeopleSoft at $9.
464132
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.
274524
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.
273709
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.
754109
REDWOOD SHORES, Calif. Investors continue to bet today that most PeopleSoft shareholders will back Oracle&#39;s nine-point-two (b) billion-dollar takeover bid for its bitter rival.
274393
With PeopleSoft stocksholders reportedly tendering some 60 percent of the company&#39;s shares, Oracle is pressing forward with its proposed hostile takeover.
123676
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.
403934
If you think Oracle&#39;s (ORCL:Nasdaq - news - research) 18-month fight to buy PeopleSoft (PSFT:Nasdaq - news - research) was tough, wait until you see the struggle to make it work.
453056
With Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share offer for PeopleSoft (PSFT:Nasdaq - news - research) set to expire late Friday night, the database giant has thrown cold water on the notion that the price could go higher.
705247
Spooked by souring market sentiment and months of internecine verbal jousting, PeopleSoft has adopted a conciliatory line to shareholders that it will not sell them short and is willing to wait until Oracle Corporation&#39;s unsolicited offer hits the right
349154
PeopleSoft is worth substantially more than $24 a share, according to its own board of directors. So saying, the board rejected Oracle&#39;s latest offer to purchase the enterprise software company.
420066
A majority of PeopleSoft'sÂ shareholders gave OracleÂ the green light to continue its hostile bid for control of the company, tendering more than 60 percent of PeopleSoft's outstanding shares into Oracle's $24 per share cash offer by the Friday deadline.
458866
PeopleSoft Inc. is trying to create a party-like atmosphere at its annual customer conference, but this week's gathering may feel more like a wake with rival Oracle Corp.'s &#36;7.7 billion takeover bid looming larger than ever.
87893
Bolstered by investors, Oracle Corp. appears destined to complete its long-sought takeover of PeopleSoft Inc. unless its rival becomes more profitable and proves it is worth more than the &#36;9.2 billion bid currently on the table.