Update 2: Oracle Poised to Pounce on 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&#39;s worth more than the $9.2 billion bid currently on the table.
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Oracle&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft for $7.7bn (Â£4.3bn) is set to continue for a bit longer.
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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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Get INQ7 breaking news on your Smart mobile phone in the Philippines. Send INQ7 BREAKING to 386. SAN FRANCISCO -- Oracle Corp. is biding its time and preparing for the integration of PeopleSoft
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PeopleSoft will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracleâs $7.
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It looks as though the European Commission is getting ready to permit  Oracle's (Nasdaq: ORCL) US&#36;7.7 billion hostile takeover bid of PeopleSoft (Nasdaq: PSFT). The ruling, which has been  widely anticipated after a similar consideration in the United States also  paved the way for Oracle's takeover, is expected to be handed down before the  end of October.
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SAN FRANCISCO Oracle Corporation appears destined to complete its long-sought takeover of rival PeopleSoft. To fight the takeover, PeopleSoft will have to become more profitable and prove it&#39;s worth more than
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Oracle Corp can celebrate a ruling by a US judge that it can take over archrival PeopleSoft Inc, but analysts say the world&#39;s second biggest software maker has a battery of other barriers to overcome before a deal is clinched.
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Oracle yesterday extended its controversial bid for enterprise resource software provider PeopleSoft, while both companies await the final judge&#39;s ruling in the Department of Justice (DoJ) anti-competition case.
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Oracle has again extended its $7.7 billion cash offer for PeopleSoft by two weeks. Shareholders now have until Oct. 22 to tender their shares, Oracle said Thursday.
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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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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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Spooked by souring market sentiment and months of internecine verbal jousting, PeopleSoft has adopted a conciliatory line to shareholders that it will not sell them short and is willing to wait until Oracle Corporation&#39;s unsolicited offer hits the right
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The door is open for Oracle to win its bid for PeopleSoft, and for midmarket ERP vendors to increase their business. By Elena Malykhina.
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The EU is expected to approve the merger between rivals Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT), according to sources close to the proceedings.
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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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Stocks to watch on Wednesday: ORACLE CORP. :