Oracle completes regime change at PeopleSoft
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Oracle has boldly claimed that it now has full control of PeopleSoft, although its takeover is actually not quite done. Oracle on Tuesday revealed that close to 75 per cent of PeopleSoft shares had been tendered by investors.
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The Silicon Valley dogfight between Oracle and PeopleSoft took a new turn as PeopleSoft dumped the chief executive leading its takeover defense, and US regulators dropped their antitrust case.
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Oracle Corp. announced on Wednesday the end of an 18-month fight for the takeover of software maker PeopleSoft as 75% of the competitorâs shareholders have agreed to tender their shares to Oracle.
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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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Oracle takes control as PeopleSoft founder Dave Duffield resigns.
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REDWOOD SHORES, Calif. -- Software giant Oracle Corp. said Wednesday that stockholders of rival PeopleSoft Inc. have tendered about 75 percent of the company&#39;s outstanding shares, granting Oracle control of the company.
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The European Commission said Tuesday that it has approved Oracle Corp.&#39;s $7.7 billion bid for PeopleSoft Inc., removing the last antitrust obstacle to the hostile takeover attempt.
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The long-running battle for control of business software company PeopleSoft looks to have finally been concluded in rival Oracle&#39;s favour.
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Oracle (Quote, Chart) has overhauled its security patch policy after a growing number of complaints from customers and even its own executives.
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REDWOOD SHORES, California: Oracle Corporation announced that PeopleSoft stockholders have tendered approximately 75 percent of PeopleSoft outstanding stock, giving Oracle control of the company.
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Oracle has taken official control of rival PeopleSoft following this week&#39;s decision by PeopleSoft shareholders to tender 75 percent of outstanding stock holdings to the US database and applications giant.
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Oracle Corp.  said on Wednesday it has taken control of PeopleSoft Inc. , now that about 75 percent of PeopleSoft's shareholders have tendered their shares.
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The European Commission today cleared the way for Oracle Corp.&#39;s hostile takeover of PeopleSoft Inc. removing one of the deal&#39;s few remaining hurdles.
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After nearly 18 months of stuggle, and a &quot;final offer&quot; deadline that expired at midnight, Oracle now owns of 61 per cent of PeopleSoft -- a giant, but not quite final, step toward winning control of the company.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.'s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc., removing one of the last major hurdles to the contested takeover proposal.
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Software giant Oracle has finally taken control of rival PeopleSoft after an 18-month takeover battle. Wednesday, Oracle said that 75% of PeopleSoft shareholders have tendered their shares.
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Peoplesoft agrees a $10.3bn takeover bid from rival business software firm Oracle, after an 18-month corporate battle.