Oracle claims mandate from PeopleSoft shareholders
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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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Oracle has boldly claimed that it now has full control of PeopleSoft, although its takeover is actually not quite done. Oracle on Tuesday revealed that close to 75 per cent of PeopleSoft shares had been tendered by investors.
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Oracle Corp.&#39;s epic quest to acquire PeopleSoft Inc. intensified Tuesday when the two warring companies said major institutional investors are taking sides in the battle.
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Business software maker Oracle Corp. attacked the credibility and motives of PeopleSoft Inc.'s board of directors Monday, hoping to rally investor support as the 17-month takeover battle between the bitter business software rivals nears a climactic showdown.
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , which is trying to fight off a hostile takeover by rival Oracle Corp. (ORCL.O: Quote, Profile, Research) , on Friday said its board
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Shareholders of PeopleSoft Inc. are discussing the possibility of a new lawsuit over the company's resistance to takeover overtures from Oracle Corp., a shareholder lawyer said Monday.
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Oracle Corp. said on Wednesday it has taken control of PeopleSoft Inc., now that about 75 percent of shareholders of the rival software maker have tendered their shares.
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Oracle has officially taken control of PeopleSoft Inc. after purchasing the 75% of PeopleSoft stock tendered by the application vendor&#39;s shareholders, Oracle disclosed early Wednesday.
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Software giant Oracle Corp. said Wednesday that stockholders of rival PeopleSoft Inc. have tendered about 75 percent of the company's outstanding shares, granting Oracle control of the company.
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REDWOOD SHORES, Calif. -- Software giant Oracle Corp. said Wednesday that stockholders of rival PeopleSoft Inc. have tendered about 75 percent of the company&#39;s outstanding shares, granting Oracle control of the company.
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PeopleSoft Inc. will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corp.
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Oracle Corp. ORCL.O said on  Wednesday it has taken control of PeopleSoft Inc. PSFT.O, now  that about 75 percent of shareholders of the rival software  maker have tendered their shares.
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Software maker Oracle Corp.  on Wednesday said it will let PeopleSoft Inc.  shareholders decide for themselves whether to accept Oracle's &#36;8.8 billion hostile takeover bid after learning that PeopleSoft's board of directors will reject it.
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Oracle has opened a new front in its 17-month battle to take over rival software company PeopleSoft, announcing a slate of nominees to challenge the existing board of directors at its annual meeting next year.
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NEW YORK, November 16  - PeopleSoft&#39;s (PSFT.NAS) leading shareholders have disclosed different views on Oracle&#39;s (ORCL) $8.
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Business software maker Oracle Corp.  on Tuesday promised to do everything it can to keep PeopleSoft Inc.'s  giant customer base, whose departure could threaten the financial success of its proposed &#36;9.2 billion takeover of PeopleSoft.
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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.