Oracle seals $10.3bn takeover
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Oracle yesterday secured a $10.3billion (Â£5.34billion) takeover of rival software maker PeopleSoft, ending an 18-month battle that was among the most acrimonious in corporate history.
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Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a &#36;10.3 billion deal that promises to shake up the business software industry.
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It has agreed that the company should be sold to Oracle for $26.50 a share, roughly $10.3 billion, $1.5 billion more than Oracle&#39;s now-famous &quot;best and final&quot; offer.
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_ Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a $10.3 billion deal that promises to shake up the business software industry.
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Oracle&#39;s (nasdaq: ORCL - news - people ) $10.3 billion blockbuster acquisition of PeopleSoft (nasdaq: PSFT - news - people ) is already yesterday&#39;s news.
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Oracle Corp. announced this morning that it has signed a deal to buy PeopleSoft Inc. for $10.3 billion, capping a bitter 18-month battle between the two software giants.
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Oracle sealed a deal to buy rival business software firm PeopleSoft for 10.3 billion dollars after a bitter 18-month battle, the two firms announced.
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Ending 18 months of bad blood, Oracle raised its takeover bid for bitter rival PeopleSoft by 10 percent to seal a $10.3 billion deal that will create the world&#39;s second largest maker of business applications software.
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European Union antitrust regulators have cleared Oracle Corp&#39;s hostile $US7.7 billion ($A10.31 billion) bid for rival business software maker PeopleSoft Inc, removing one of the last major hurdles to the contested merger.
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DECEMBER 15, 2004  - For the first time since closing a deal to purchase rival PeopleSoft Inc. for $13.3 billion, Oracle Corp.
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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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After 18 months of conflict, a friendly merger deal has been struck between Oracle Corp. and PeopleSoft Inc. after the former raised its &quot;final&quot; offer by 10 per cent.
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After Larry flashes extra cash Oracle has signed a definitive agreement to buy BEA for $8.5bn.â¦
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Yesterday, Oracle said 75 percent of PeopleSoft shareholders tendered their shares. That officially puts Oracle in charge, moving it closer to closing the contentious $10.3 billion deal.
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) on Monday agreed to a sweetened $10.3 billion buyout by rival software maker Oracle Corp.
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Oracle Corp , the world's third-largest software maker, won a three-month-long campaign to buy BEA Systems Inc  by raising its bid for the company by 14 percent to $8.5 billion.
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Oracle Corp. ORCL.O, the world's  second-largest business software maker, on Wednesday forecast  2005 and 2006 earnings above Wall Street estimates, helped by  its $10.3 billion acquisition of PeopleSoft.