Oracle Ups Its Offer and Buys PeopleSoft for $10.3 Billion
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The acquisition will elevate No.3-ranked Oracle to No.2, behind SAP of Germany, the world's biggest maker of business-management software.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) , in the midst of a hostile takeover attempt of rival PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , on Monday raised its offer
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Business software giant Oracle Corp. announced today that it has signed a definitive agreement to acquire rival PeopleSoft Inc. after sweetening its offer by 10 percent to approximately $10.3 billion. -The Washington Post
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UPDATE: Oracle&#39;s (Quote, Chart) dogged pursuit of PeopleSoft (Quote, Chart) was rewarded on Monday as PeopleSoft&#39;s board of directors agreed to sell the company for $10.3 billion.
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Oracle Corp. on Monday raised its hostile bid for Peoplesoft Inc. to $9.2 billion, a 14 percent increase over its earlier $7.7 billion bid, which it called its &quot;best and final offer&quot; in the 17-month saga.
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Oracle Corp., the world&#39;s second-largest software firm, made what it called its last and best offer for rival PeopleSoft Inc. on Monday in a takeover battle that has now raged for almost a year and a half.
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Oracle sweetened its hostile bid for rival business software maker PeopleSoft to $9.2 billion, a 14% increase aimed at resolving the long-running takeover battle between the bitter foes.
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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 $10.3 billion deal that promises to shake up the business software industry.
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In the end, all it took was an extra billion dollars to complete Oracle Corp.&#39;s takeover of PeopleSoft Inc. In cutting a deal to buy its Pleasanton rival for $10.3 billion, the Redwood City software giant
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Oracle expects to close its $10.3 billion acquisition of PeopleSoft on Friday and said it is moving quickly to merge the two companies' operations.
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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 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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Oracle Corp. ORCL.O, the world's  second-largest business software maker, on Wednesday forecast  2005 and 2006 earnings above Wall Street estimates, helped by  its $10.3 billion acquisition of PeopleSoft.
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Oracle Corp.&#39;s 18-month struggle to gain control of PeopleSoft Inc. drew to a close this morning when PeopleSoft&#39;s board agreed to a new $10.3 billion takeover offer.
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DECEMBER 15, 2004  - For the first time since closing a deal to purchase rival PeopleSoft Inc. for $13.3 billion, Oracle Corp.
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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, which is in the midst of a hostile takeover attempt of rival PeopleSoft, on Monday raised its offer for the smaller software company by $3 per share to $24 per share.