Oracle, PeopleSoft prepared for midnight offer deadline
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The midnight expiration of Oracle's tender offer for PeopleSoft shares will either end the software rivals' bitter, 17-month battle tonight -- or increase its ferocity.
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Oracle said that it had extended its hostile tender offer for PeopleSoft to Sept. 10, as it awaits a ruling on whether the takeover attempt can proceed.
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NOVEMBER 01, 2004 (IDG NEWS SERVICE) - Oracle Corp. extended what it called its &quot;best and final offer&quot; for rival PeopleSoft Inc.
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Oracle Corp. announced on Wednesday the end of an 18-month fight for the takeover of software maker PeopleSoft as 75% of the competitorâs shareholders have agreed to tender their shares to Oracle.
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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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UPDATED: Oracle (Quote, Chart) has upped its offer for PeopleSoft (Quote, Chart) to $24 per share, in what it called its final bid for the elusive enterprise applications company it has been trying to acquire since June 2003.
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While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle (Quote, Chart) is keeping the deal in play. The database giant extended its previously announced tender offer of $21 for
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Oracle Corp. Friday said 61 percent of PeopleSoft Inc. shares were tendered for its $24-a-share offer, strengthening Oracle&#39;s hostile bid position as it waits to
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PeopleSoft Inc.'s board is prepared to drop its ferocious resistance to Oracle Corp.'s hostile takeover bid and negotiate a price above the current $7.7 billion offer if there's ''high certainty&quot; a deal can be done quickly, a company director said in court yesterday.
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Updated: Oracle receives tender offers for more than 60 percent of the outstanding PeopleSoft shares and calls for talks to reach a formal buyout agreement.
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Oracle (Quote, Chart) issued a final $24 per share offer for PeopleSoft (Quote, Chart), gearing up for a final run at the elusive enterprise applications company it has been trying to acquire since June 2003.
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Oracle is in merger talks with other technology companies as it awaits the outcome of its $9.2 billion hostile takeover attempt for rival PeopleSoft.
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SAN FRANCISCO  - Business software maker  Oracle Corp.  said on Thursday it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc. , to Sept. 10, as it awaits a U.S. District Court judge's ruling on whether the takeover attempt can move forward.
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Oracle has announced that, as of midnight (US Eastern Standard Time) on Friday 19 November, 228,702,471 shares of PeopleSoft common stock, representing more than 60 per cent of the outstanding shares, had been validly tendered in support of its all-cash
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The European Union's competition commissioner is ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft, people close to the case said Friday
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In the final days before shareholders decide on Oracle's takeover bid for rival software maker PeopleSoft,  PeopleSoft is bracing for the worst. Oracle officials say they won't know until shortly before a  Nov. 19 deadline if a majority of PeopleSoft shareholders support the &#36;8.8 billion offer.
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Oracle made its âbest and finalâ offer of $24 per share of PeopleSoft today (November 1). The all-cash offer values PeopleSoft at $9.