Oracle-PeopleSoft a done deal?
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Investors bet that now that PeopleSoft has fired Conway, the way is paved for a friendly deal. That was how most Wall Street analysts summed up Oracle&#39;s chances of finally acquiring rival software maker PeopleSoft
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REDWOOD SHORES, Calif. -- After months of wrangling, Oracle said Monday that it has signed a merger agreement to buy rival business software maker PeopleSoft.
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PeopleSoft Inc. capitulated to Oracle Corp., accepting a sweetened $10.3 billion offer to end an 18- month battle that pitted PeopleSoft against its shareholders and led to the ouster of its chief executive.
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Sorry to say, one good guy is history at PeopleSoft. And from what can be heard from the company&#39;s board, soon, the exceptional software company itself will soon be a footnote in Oracle&#39;s annual report.
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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. 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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EUROPEAN antitrust regulators have cleared Oracle to pursue its hostile $US7.7 billion bid to buy PeopleSoft, but the legal breakthrough wasn&#39;t expected to end the stalemate between the bitter business software rivals.
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It&#39;s finally over. Business-software maker PeopleSoft (PSFT) agreed to be acquired by rival Oracle (ORCL) for $10.3 billion Monday, ending 18
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Sure, the PeopleSoft board told shareholders to just say no. This battle will go down to the wire, and even afterward Ellison could prevail.
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The Oracle Corporation announced early yesterday that it would acquire PeopleSoft for $10.3 billion, ending a bitter takeover fight that had lasted more than 18 months.
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Oracle has signed a definitive agreement to acquire PeopleSoftÂ for $26.50 per share, or approximately $10.3 billion, the companies said Monday, ending an acrimonious takeover battle that has lasted for more than 18 months.
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Software maker PeopleSoft Inc. announced Monday that it had agreed to be acquired by Oracle Corp. in a $10.3 billion deal, ending one of the longest and nastiest takeover battles in recent corporate history.
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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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To hear Oracle (Nasdaq: ORCL) tell it, PeopleSoft (Nasdaq: PSFT) users, as well as its stockholders, are becoming more comfortable with -- or at least resigned to -- the idea of Oracle's proposed acquisition of the enterprise software company.
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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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It&#39;s the little victories... As Oracle (nasdaq: ORCL - news - people ) awaits the resumption of its court battle with takeover target PeopleSoft (nasdaq: PSFT - news - people ), two of the software giant&#39;s
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Opinion I thought it was a joke when Oracle first announced that it was going to try to buy PeopleSoft; or, at best, a spoiling tactic over PeopleSoft&#39;s acquisition of JD Edwards.