Oracle Raises PeopleSoft Bid by 14% to $8.8 Billion
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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 has won backing from slightly more than 60% of PeopleSoft Inc. shareholders in its $9.2 billion hostile takeover. Friday evening, the software maker announced that 228.7 million out of the roughly 376
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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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NetSuite Inc, a software maker majority-owned by Oracle Corp  Chief Executive Larry Ellison, on Tuesday raised the estimated price range for its initial public offering to $16 to $19 per share and said it is conducting the IPO as a modified Dutch auction.
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Oracle has again extended its $7.7 billion cash offer for PeopleSoft by two weeks. Shareholders now have until Oct. 22 to tender their shares, Oracle said Thursday.
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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 says its latest bid to purchase PeopleSoft is its &quot;best and final offer.&quot; At $24 per share, Oracle&#39;s offer is higher than PeopleSoft&#39;s 24-week high.
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REDWOOD CITY, Calif. -- Oracle Corp. moved closer to victory in its $8.8 billion hostile takeover bid for PeopleSoft Inc.
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LARRY ELLISON, the chief executive of Oracle, has raised his offer to buy PeopleSoft by more than $1 billion, marking what could be the final salvo in a 17-month bidding war.
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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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Oracle Corp. has again extended its $7.7 billion cash offer for PeopleSoft Inc. Shareholders now have until Oct. 8 to tender their shares, Oracle said Thursday.
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Shares in PeopleSoft surged in New York after Larry Ellison&#39;s Oracle tabled a take-it-or-leave-it $8.8 offer for the business software company.
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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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Oracle Corp. raised the stakes in its hostile bid for PeopleSoft Inc. Monday by increasing its offer to $24 per share, boosting the value of the proposed merger to $9.
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Shares of PeopleSoft Inc. surged 11 percent Friday after a federal judge paved the way for Oracle Corp. to press on with its $7.7 billion hostile takeover bid for the business software maker.
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Oracle Corp. extended its hostile bid for PeopleSoft Inc. for the 12th time, pushing the tender offer through Oct. 8.
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Oracle Corp , the world's  third-largest software maker, won a three-month-long campaign  to buy BEA Systems Inc  by raising its bid for the  company by 14 percent to $8.5 billion.