Oracle Poised to Pounce of PeopleSoft
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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.
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Oracle Corp (ORCL.O: Quote, Profile, Research) is likely to win clearance from the European Commission for its hostile takeover of rival software firm PeopleSoft Inc.
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With Oracle cinching a critical antitrust victory on Thursday, PeopleSoft will find it increasingly difficult to resist its rival&#39;s $7.
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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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UNDATED The Wall Street Journal reports PeopleSoft is getting ready for a proxy fight at its annual meeting next spring over the Oracle takeover bid.
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Finally! After 18 months, PeopleSoft Inc. has agreed to be acquired by Oracle Corp. for $26.50 a share in cash, or around $10.3 billion, after rebuffing several offers and being taken to court for instituting a controversial takeover defense.
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Oracle Corp. said it was prepared to walk away from its bid for rival business software maker PeopleSoft, saying it had learned that its &quot;final&quot; offer was on the verge of being rejected.
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LONDON: The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7-billion deal, the Financial Times reported on Friday.
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Oracle Corp. CEO Larry Ellison reiterated his determination to prevail in a long-running takeover battle with rival business software maker PeopleSoft Inc., predicting the proposed deal will create a more competitive company with improved customer service.
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Oracle Corp.'s takeover tug-of-war with rival business software maker PeopleSoft Inc. intensified Tuesday as two shareholders who own nearly 20 percent of PeopleSoft's stock indicated they are prepared to line up on opposite sides of the battle lines.
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The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7 billion (4.
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It&#39;s an early Christmas for Oracle Corp.âand PeopleSoft Inc. shareholders. The two companies announced early Monday morning a definitive merger agreement whereby Oracle will acquire PeopleSoft for $26.50 per share, or $10.3 billion.
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SAN FRANCISCO, SEPTEMBER 22: Peoplesoft Inc will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corpâs $7.
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Investors following Oracle Corp.&#39;s hostile takeover battle with PeopleSoft Inc. got plenty of information to digest this week, including bold predictions
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Oracle Corp is likely to win clearance from the European Commission for its hostile &#36;7.7 billion takeover of rival software firm PeopleSoft Inc., a source close to the situation said on Friday.
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After 18 months of playing hard to get, business software maker PeopleSoft (Nasdaq: PSFT) finally decided yesterday to glam itself up in the hope that suitor Oracle (Nasdaq: ORCL) might give it one more look.
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A director of business software maker Peoplesoft says the firm may be ready to negotiate with its would-be buyer, Oracle.