Vol. 235 No. 7      One Dollar   Saturday, May 19, 2012                  Breaking News and Commentary
ABOUT
NEWSPAPER SECTIONS
SNAPSHOTS

Hamas to boycott elections
HOT TOPICS
Ukraine house votes to fire Yanukovych
Rehnquist cancer to fuel rumors
The great court guessing game
TRANSLATIONS
French Spanish German Italian Portuguese
ARTICLE ARCHIVE
 List and Search
READER POLLS
Currently no polls available to vote
READER COMMENTS
 Discussion
CLASSIFIEDS
 4 Sale, Looking 2 Buy
VISITOR COUNT
814,167 visitors and counting!814,167 visitors and counting!814,167 visitors and counting!814,167 visitors and counting!814,167 visitors and counting!814,167 visitors and counting!
LOGIN
Username

Password

Remember me
Retrieve your password?
POLICIES
 Terms of Use
 Privacy
LOOK AND FEEL

Oracle raises offer for PeopleSoft  
Mon, Nov 01, 2004
Source UPI

REDWOOD SHORES, Calif. -- California's Oracle Corp. Monday sweetened its bid for software rival PeopleSoft by 14 percent to $8.8 billion.

Oracle also set a Nov. 19 deadline for the offer.

Oracle said it was raising its all-cash offer to $24 a share from $21 a share. PeopleSoft's board had rejected the previous offer, which valued the company at $7.7 billion, as inadequate.

Oracle said its higher bid represents its "best and final" offer.

Oracle Chairman Jeff Henley said PeopleSoft's board is the "only obstacle" to a deal, now that the proposed combination has cleared an antitrust challenge in the United States and a lengthy review in Europe.

The merger would make Oracle the second-largest business software maker behind Germany's SAP AG.

PeopleSoft issued a statement saying its board, which is chaired by founder and Chief Executive Dave Duffield, would meet "in due course" to review the latest proposal. It advised PeopleSoft shareholders to take no action at this time.

Copyright 2004 by United Press International

Join a Discussion Recommend this Article to a Friend List Related Articles Printer Friendly Format Convert to PDF

IN REAL TIME
WEATHER
New York
70°F
New York 70'°F' | Chicago 91'°F' | Paris 73'°F' | London 54'°F' | Rome 59'°F' | Sydney 50'°F' | Munich 64'°F'
NEWSFEEDS
Washington Times World
Sat, 19 May 2012 15:09

Internet:Business News
Sat, 19 May 2012 15:09

NYT Opinion
Sat, 19 May 2012 15:09
Whatever Michael Moore can do in "Fahrenheit 9/11,"John Ashcroft can do more often with his apocalyptic press conferences.
The Best Goebbels of All?
When you live in Las Vegas, the neon signs rising from the desert floor are ordinary; the wedding chapels are just another choice in the decision of where to marry.
The Accidental Tourist
Bishops have no special mandate from their office to supplant the individual conscience with some divine imperative.
The Bishops vs. the Bible
Here's a few of the headlines I'd like to read while I'm on my sabbatical.
Timeout for Imagination
MARKET UPDATES
Dow Jones (^IXIC)
     2778.79  -34.90
Nasdaq (MCD)
     89.85  +0.23
McDonald's (IBM)
     195.88  -2.01
IBM (EBAY)
     38.36  -0.67
Time to the opening bell:
0 days
0 hours
0 minutes
WORLD CURRENCY RATES
Cannot read currency data from ecb.int
SYNDICATION PROTOCOLS
Get the latest news
direct to your desktopRSS 0.91 FeedRSS 1.0 FeedRSS 2.0 FeedATOM FeedOPML Feed
: Letter from the Editor :: Write for Furthermore :: Publish Your Own :: For More Information :
 
Furthermore, Inc. © 2004 All rights reserved.