Oracle makes &#39;final offer&#39; for PeopleSoft
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ORACLE chief executive Larry Ellison has increased his companyâs offer for rival software company PeopleSoft, and set a deadline for the first time since the hostile takeover bid began in June 2003.
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PeopleSoft Inc. capitulated to Oracle Corp., accepting a sweetened $10.3 billion takeover offer to end an 18-month battle that pitted PeopleSoft against its investors and led to the ouster of its chief executive.
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PeopleSoft Inc. has agreed to a sweetened US$10.3 billion buyout by rival software maker Oracle Corp., relenting after a 18-month takeover saga marked by personal insults, courtroom battles and the ouster of PeopleSoft&#39;s chief executive.
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Oracle Corp. announced today it has signed a definitive merger agreement to acquire PeopleSoft Inc. for approximately $10.3 billion. -AP
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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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Business software maker PeopleSoft  Inc. has accepted a sweetened $10.3 billion acquisition offer  from rival Oracle Corp., ending a bitter, 18-month hostile  takeover battle, the companies said on Monday.
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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. recently learned that PeopleSoft will reject Oracle&#39;s $24.00 a share- its best and final offer. The cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc.
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Oracle&#39;s efforts to acquire the application vendor may be moving into its final phase as it calls its $24-per-share bid its &quot;final offer.
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PeopleSoft Inc.&#39;s shareholders have spoken: They want to sell their company to Oracle Corp. for $24 per share. In another victory for Oracle Chief Executive Officer Larry Ellison in his bid to buy PeopleSoft
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A PeopleSoft Inc. PSFT.O board  member told a Delaware court on Tuesday that the software maker  would consider a bid from its rival Oracle Corp. ORCL.O  provided the price was right and a deal closed quickly.
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PeopleSoft finally gave in yesterday and accepted a $10.3bn (Â£5.4bn) takeover proposal from its larger rival Oracle, ending a pursuit that has lasted 18 months and has been marked by bitter personal insults and a series of courtroom battles.
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Oracle has signed a definitive agreement to acquire PeopleSoft for $26.50 (Â£13.79) per share, or about $10.3bn. The transaction has been approved by both companies&#39; boards of directors and is expected to close by early January.
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SAN FRANCISCO, Dec. 13 -- Software maker PeopleSoft Inc. announced Monday that it had agreed to be acquired by Oracle Corp. in a &#36;10.3 billion deal, ending one of the longest and nastiest takeover battles in recent corporate history.
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Oracle announced Monday that it has increased its PeopleSoft takeover bid to US$24 a share, calling the figure its &quot;best and final&quot; offer for its rival.
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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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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.