Oracle Says Latest PeopleSoft Bid Is &#39;Final Offer&#39;
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An end to the takeover squabble between Oracle and PeopleSoft may not be in sight even though, in what it called a &quot;best and final&quot; offer, Oracle upped its unsolicited bid by 14 percent, to $24 per share.
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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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WILMINGTON, Del. - Oracle Corp. Chief Executive Larry Ellison denied Friday that his company&#39;s $7.7 billion bid to buy PeopleSoft Inc.
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Business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) said on Thursday it is extending again its hostile tender offer for all of the common stock of PeopleSoft Inc.
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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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PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of $24 per share. Oracle CEO Larry Ellison quickly responded, saying the offer is final and that it is now up to PeopleSoft's shareholders to make a determination.
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NOVEMBER 01, 2004 (IDG NEWS SERVICE) - Oracle Corp. extended what it called its &quot;best and final offer&quot; for rival PeopleSoft Inc.
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Oracle Corp. Chief Executive Larry Ellison said he has considered lowering his company&#39;s $7.7 billion hostile offer for PeopleSoft Inc.
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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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Oracle increased its takeover bid for rival software company PeopleSoft yesterday, probably the final roll of the dice in what has been an acrimonious battle.
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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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With Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share offer for PeopleSoft (PSFT:Nasdaq - news - research) set to expire late Friday night, the database giant has thrown cold water on the notion that the price could go higher.
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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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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 (nasdaq: ORCL - news - people ) presented its &quot;best and final offer&quot; for takeover prey PeopleSoft (nasdaq: PSFT - news - people ) Monday.
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After 18 months of bickering, litigation, executive shuffling, antitrust rulings, and revised offers from Oracle, the PeopleSoft Board finally decided to accept Oracle&#39;s most recent offer of $26.50 per share.
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NEW YORK, November 11  - PeopleSoft Inc (PSFT.NAS) has again rejected Oracle Corporation&#39;s (ORCL) &quot;best and final&quot; takeover bid, while urging its shareholders to reject Oracle&#39;s $24 per share tender offer as well.