Oracle extends PeopleSoft offer for 12th time
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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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Investors continued to bet Friday that most PeopleSoft Inc. shareholders will back Oracle Corp.'s &#36;9.2 billion takeover bid for its bitter rival, further extending a bruising battle that already has dragged on for more than 17 months.
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Oracle Corp. recently learned that PeopleSoft will reject Oracle&#39;s $24.00 a share- its best and final offer. The cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc.
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Â Oracle Corp.'s hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion is set to continue for a bit longer.
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PeopleSoft said it could accept a takeover bid from Oracle and now needs time to weigh on it. Oracle has been haunting PeopleSoft for 15 months with the possible bid of $7.
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Ziff Davis - PeopleSoft continues on the upgrade path despite the threat of a takeover by Oracle.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) on Monday raised its hostile takeover offer for rival software company PeopleSoft Inc.
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Oracle Corp.  on Thursday said it had again extended its &#36;7.7 billion tender offer for all of the common stock of rival business software maker PeopleSoft Inc. , though it did not change the terms of its hostile takeover proposal.
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Oracle announced Monday that it has increased its PeopleSoft takeover bid to US$24 a share, calling the figure its &quot;best and final&quot; offer for its rival.
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SAN FRANCISCO -- Ending 18 months of hostility, Oracle Corp. has raised its takeover bid for rival PeopleSoft Inc. by 10 per cent to seal a $10.3-billion US deal that will create the world&#39;s second-largest maker of business applications software.
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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.
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Oracle again extended its tender offer for PeopleSoft to Friday, Sept. 10 at midnight, Eastern Standard Time. Oracle is offering $21 per share or about $7.
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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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The Friday midnight expiration for Oracle's tender offer to PeopleSoft's shareholders for control of the company will either end the software rivals' bitter, 17-month battle or increase its ferocity.
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Last night, database maker Oracle (Nasdaq: ORCL) once again extended its $7.7 billion offer for business software provider PeopleSoft (Nasdaq: PSFT).
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In the ongoing takeover drama, Oracle Corporation announced today that it is improving its tender offer for all the common stock of PeopleSoft, Inc.
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NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.