EU regulators to rule on Oracle's bid for PeopleSoft two-weeks ahead of schedule
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AMSTERDAM, Netherlands  - European Union regulators will decide Tuesday whether Oracle Corp.'s hostile bid for PeopleSoft Inc. can go ahead, ruling on the proposed takeover two-weeks ahead of schedule, the EU's antitrust chief said.
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European antitrust regulators are set to announce Tuesday whether they will block Oracle&#39;s hostile takeover bid for rival PeopleSoft.
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The European Commission said Tuesday that it has approved Oracle Corp.&#39;s $7.7 billion bid for PeopleSoft Inc., removing the last antitrust obstacle to the hostile takeover attempt.
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Oracle Corp (ORCL.O: Quote, Profile, Research) is likely to win clearance from the European Commission for its hostile takeover of rival software firm PeopleSoft Inc.
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Amid reports that the European Commission is poised to approve Oracle&#39;s proposed takeover of PeopleSoft, a spokesperson for the European Union said Friday that the EU&#39;s competition commissioner, Mario Monti, would like to finish the case before he leaves
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BRUSSELS  - Outgoing EU competition commissioner Mario Monti wants to reach a decision on Oracle`s proposed takeover of business software rival PeopleSoft by the end of next month, an official said.
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Business software maker Oracle Corp. on Friday said it will release its second-quarter earnings before US markets open on Monday, instead of Thursday, due to issues related to its takeover bid for PeopleSoft Inc.
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Oracle Corp. ORCL.O said it would  report preliminary results of its $8.8 billion hostile tender  offer for PeopleSoft PSFT.O as soon as practicable after 1  a.m. EST Saturday.
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A source close to the case says a ruling in Justice Dept.'s antitrust suit to stop Oracle from acquiring PeopleSoft may come this week.
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BRUSSELS -- The European Commission has restarted its investigation into Oracle Corp.'s hostile bid to acquire PeopleSoft Inc. and will issue its judgement by early November at the latest, it said on Thursday.
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A US judge has cast doubt on European Commission evidence in the contested Oracle-PeopleSoft merger, undermining an argument Brussels may want to use if it decides to block it.
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Oracle Corp  is likely to win clearance from the European Commission for its hostile takeover of rival software firm PeopleSoft Inc. , a source close to the situation said on Friday.
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The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7 billion (4.
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Business software maker Oracle Corp.  on Friday said it will release its second-quarter earnings before U.S. markets open on Monday, instead of Thursday, due to issues related to its takeover bid for PeopleSoft Inc. that may come up in court later on Monday.
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BRUSSELS--The European Commission is still in talks with Oracle over its plan to take over rival software company PeopleSoft but aims to make a decision before the end of October, a Commission representative said Friday.
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A battle between rival shareholder groups is brewing in advance of Friday&#39;s final deadline for tendering shares to Oracle in support of its $9bn hostile takeover bid for rival PeopleSoft.
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OCTOBER 26, 2004 (IDG NEWS SERVICE) - As expected, the European Commission announced today that it has ruled that Oracle Corp. can proceed with its hostile acquisition attempt of PeopleSoft Inc.