Oracle to Buy PeopleSoft for $10.3 Billion

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It's an early Christmas for Oracle Corp.—and PeopleSoft Inc. shareholders. The two companies announced early Monday morning a definitive merger agreement whereby Oracle will acquire PeopleSoft for $26.50 per share, or $10.3 billion. The final...

PeopleSoft Shareholders Give Oracle Green Light

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Oracle Relevant Products/Services from Oracle, backed by what the company views as a favorable response from PeopleSoft Latest News about PeopleSoft stockholders, is applying more pressure in an effort to complete its proposed US$9.2 billion...

EU approves Oracle's pursuit of Peoplesoft

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The European Commission approved Oracle Corp.'s proposed $7.7 billion hostile takeover of rival software company PeopleSoft Inc. on Tuesday, clearing the last competition hurdle to the deal. The deal was approved without any conditions, Commission...

Microsoft rules out PeopleSoft bid

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Microsoft CEO Steve Ballmer has ruled out acting as the white knight for business software maker PeopleSoft, which is trying to fight off a hostile takeover by Oracle. Several months ago, it...

Gates mulled bailing out PeopleSoft

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Once again Oracle is shifting the attention of the court towards its possible competitor Microsoft. By bringing up e-mails between Bill Gates and Steve Ballmer. Where an e-mail from Bill Gates suggests that...

Microsoft may trip up Oracle bid for PeopleSoft

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Microsoft Corp. has given U.S. antitrust authorities a sworn statement that could help the government block Oracle Corp.'s bid to buy PeopleSoft Inc., attorneys familiar with the case said. Microsoft's statement to the Justice Department...

Oracle Adds More Funding For PeopleSoft Push

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Oracle has raised another $1.5 billion to fund its $7.5 billion hostile takeover bid for PeopleSoft. In a filing with the Securities and Exchange Commission, Oracle said it has negotiated the $1.5 billion...

PeopleSoft harnesses AOL IM

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PeopleSoft and America Online on Tuesday announced that they would integrate AOL's instant messaging service into PeopleSoft's business applications to enhance real-time collaboration for corporate users. PeopleSoft's products, ranging from its customer...

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