Oracle victorious in quest for PeopleSoft
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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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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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After a bitter 18-month battle Oracle Corp has succeeded in taking control of more than 60 percent of outstanding shares of rival business software group PeopleSoft, but obstacles to the hostile takeover remain.
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The European Commission approved Oracle&#39;s proposed $7.7 billion hostile takeover of rival software company PeopleSoft on Tuesday, knocking down the last competition hurdle to the deal.
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Oracle chalked up a key victory Friday in its battle to acquire PeopleSoft, with investors agreeing to sell the suitor 60 percent of PeopleSoft&#39;s outstanding shares.
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SAN FRANCISCO -- Ending 18 months of hostility, Oracle Corp. has raised its takeover bid for rival PeopleSoft Inc. by 10 per cent to seal a $10.3-billion US deal that will create the world&#39;s second-largest maker of business applications software.
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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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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.
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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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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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PeopleSoft&#39;s board of directors has approved a takeover deal from Oracle worth around $10.3 billion, ending a bitter takeover attemptthat started more than a year ago and creating a major software maker.
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Oracle has finally won its prize, the rival BEA Systems, after sweetening the offer by 14 percent, just three months after BEA rejected its original bid.
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Washington, Nov. 20 : After a bitter 18-month battle, Oracle has succeeded in taking control of more than 60 per cent of outstanding shares of rival business software group PeopleSoft, but obstacles to the hostile takeover remain.
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NEW YORK Oracle said on Wednesday that it had taken control of PeopleSoft, as holders of about 75 percent of the shares of the rival software maker had tendered their shares to Oracle.
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SAN FRANCISCO - Business software maker Oracle Corp. will do everything it can to support PeopleSoft Inc. customers, who are vital to the success of Oracle&#39;s proposed $9.2 billion takeover of PeopleSoft, Oracle
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BOLSTERED by investors, Oracle appears set to complete its long-sought takeover of PeopleSoft, unless its rival proves it is worth more than the $US9.2 billion ($11.7 billion) bid currently on the table.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.