PeopleSoft urges upgrades
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PeopleSoft launched a promotion on Thursday to encourage customers of its business management software to upgrade to the latest version - even as Oracle continues its disruptive takeover bid, which threatens the company&#39;s future.
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OCTOBER 08, 2004 (REUTERS) - Oracle Corp. CEO Larry Ellison said today that his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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Oracle Corp. on Monday said it has asked Peoplesoft Inc.'s board of directors to immediately redeem the company's poison pill, two days after 61 percent of PeopleSoft shareholders tendered their stock for Oracle's &#36;24-a-share hostile offer.
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Oracle database users discuss plans to upgrade to the new 11g database, saying its new features outweigh its shortcomings.
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NEW YORK, October 12  - PeopleSoft Inc (PSFT.NAS) has extended a money-back guarantee programme for its customers, aimed at protecting the customers&#39; interests in the event of the company&#39;s takeover by Oracle Corporation (ORCL).
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In the shadow of Oracle, PeopleSoft boss Craig Conway seeks to sooth customers during convention keynote.
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SEPTEMBER 23, 2004  - SAN FRANCISCO -- Embattled PeopleSoft Inc. is offering a sweetener to customers to migrate to the latest versions of its products, hopefully allowing it to close more sales
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A new initiative seeks to improve old products.
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In the shadow of Oracle, an upbeat Craig Conway seeks to sooth customers at PeopleSoft's annual convention.
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Oracle yesterday raised its hostile takeover offer for rival software company PeopleSoft by 14%, to $8.8bn (Â£4.37bn), and for the first time set a deadline for acceptance of the bid.
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WILMINGTON, Del. Oct. 5, 2004 - PeopleSoft Inc., which has resisted hostile takeover advances from Oracle Corp. for 16 months, is willing to talk about a deal at the right price, a member of PeopleSoft&#39;s board said Tuesday.
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[Wilmington, Delaware | Reuters News Service, 11 October 2004] - Oracle chief executive Larry Ellison said on Friday that Oracle has talked about revising its $21-per-share offer to buy rival PeopleSoft, but he dented Wall Street expectations by saying
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PeopleSoft Inc.&#39;s board of directors urged company shareholders on Wednesday to reject Oracle Corp.&#39;s bid of $24 per share for the Pleasanton firm, casting more uncertainty on the 17-month takeover battle.
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ORACLE has extended its hostile bid for PeopleSoft for the 12th time, pushing the tender offer through to October 8. Oracle said in a press release that about 23.
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PeopleSoft and JD Edwards users gathered at London&#39;s ExCel conference centre last week with the future of their supplier in doubt.
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Although the threat of Oracleâs hostile takeover continues to cast a shadow over it, PeopleSoft is pressing on with plans to integrate into its product mix the enterprise applications it picked up last year in its acquisition of J.D. Edwards.
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LONDON -- As Oracle Corp. pushes forward with its hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion, it is also sizing up further acquisition options, according to Oracle President, Charles Phillips.