Oracle Ups PeopleSoft Offer
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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 to raise its hostile bid for rival business software maker PeopleSoft to $8.8 billion, calling this its &#39;best and final&#39; offer.
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TAKEOVER TUG OF WAR: Oracle Corp. ends 18 months of acrimony, boosting its bid for software maker PeopleSoft Inc. by 10 percent to &#36;10.3 billion.
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Oracle lifted its purchase offer for PeopleSoft to $24 per share from a previous bid of $21. &quot;This price represents a significant premium to recent trading prices, and is in excess of the 52
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With Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share offer for PeopleSoft (PSFT:Nasdaq - news - research) set to expire late Friday night, the database giant has thrown cold water on the notion that the price could go higher.
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SAN FRANCISCO (CBS.MW) -- Oracle late Thursday extended its hostile bid for PeopleSoft for the 13th time, leaving its $7.7 billion offer unchanged at $21 per share.
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Oracle is offering US$21 per share or about US$7.7 billion for PeopleSoft, a leader in human resources management software and an applications rival of Oracle.
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Oracle Corp.'s &#36;24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight's deadline for stockholders to offer their shares for sale approached.
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About $10.3 billion, not to put too fine a point on it. Rather than swallowing the &quot;poison pill&quot; planned for hostile takeover bids, though, Oracle agreed to come up in its bid for PeopleSoft--$26.50 per share instead of $24 per share.
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NEW YORK, October 8  - Oracle Corporation (ORCL.NAS) has extended its $7.7 billion tender offer for PeopleSoft (PSFT) until the midnight of October 22 this year, leaving the terms of its hostile takeover proposal unchanged at $21 per
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REDWOOD SHORES, Calif. (Dow Jones/AP) -- Oracle Corp. extended its hostile bid for PeopleSoft Inc. for the 12th time, pushing the tender offer through Oct. 8. In a press release Thursday, Oracle said about
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Oracle Corp. raised its takeover offer for PeopleSoft Inc. by 14 percent to $8.8 billion, increasing the pressure on the smaller software company to give up its 17-month fight against the bid.
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Oracle finally clinched its bid to scoop up PeopleSoft on Monday, saying it had agreed to purchase the rival business software group for $26.50 a share or $10.3bn.
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REDWOOD SHORES, CALIF. - Oracle Corp. has again raised the stakes in its long-running attempt to take over rival PeopleSoft Inc. On Monday, Oracle boosted its bid by another 14.
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Oracle Corp. ORCL.O on Monday said  rival business software maker PeopleSoft Inc.'s PSFT.O board  has accepted a sweetened purchase offer of about $10.3 billion,  ending a long and bitter hostile takeover battle.
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The California Employees' Retirement System (Calpers) is tendering its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.