Previous
Oracle lays hostile bid before EC
News Oracle on Tuesday officially submitted its notification papers to the European Commission concerning its hostile bid for PeopleSoft. We've said this before, that Oracle's hostile bid faces severe antitrust issues," said Steve Swasey, a PeopleSoft...
[October 15, 2003, 9:05]
CSC reacts to 'hostile' CA bid
News CA made a $9 billion bid for the California-based computer services and consultancy firm but CSC chairman Van Honeycutt has denied that it is a cut and dried deal and referred to the bid as "hostile. Computer Sciences Corporation (CSC) has reacted...
[February 13, 1998, 9:54]
CA hostile bid for CSC appears doomed
News Based on revenue projections released by CSC, CA's bid looks to have been undervalued as well as unwelcome. In a prepared statement, CA chief executive Charles Wang said that his company would not extend its $108 a share cash offer to Computer...
[March 5, 1998, 14:28]
Samsung makes hostile bid for SanDisk
News Korean electronics giant Samsung has made a $5.85bn (£3.27bn) hostile bid to acquire US-based computer-chip maker SanDisk. In a letter to SanDisk's board, Samsung wrote it was "deeply disappointed" that the pair had been unable to come to an...
[September 17, 2008, 9:10]
Oracle still trying for PeopleSoft
News Oracle has extended until year-end its deadline for tendering shares in its $7.25bn (£4.35bn) hostile takeover bid for PeopleSoft. But it is not uncommon to see such deadlines pushed back in a hostile bid, as acquiring companies try to collect more...
[October 13, 2003, 10:25]
PeopleSoft deadline extended again
News Oracle announced on Friday that it was extending to mid-September its deadline for tendering shares in its hostile bid for PeopleSoft. The 19 September deadline is the third extension Oracle has announced since it launched its hostile bid for...
[August 11, 2003, 10:05]
Oracle again extends PeopleSoft bid
News Oracle announced on Thursday that it has extended to mid-October its deadline for tendering shares in its hostile $7.25bn (£4.59bn) bid for PeopleSoft. The October deadline is the fourth extension Oracle has announced since it launched its hostile...
[September 5, 2003, 8:30]
Early acceptance runs risks for PeopleSoft shareholders
News PeopleSoft investors who tendered their stock to Oracle when its hostile bid stood at $26 (£14.22) a share will find the only price that counts is the latest offer of $21. Last month, Oracle dropped its PeopleSoft takeover bid to $21 a share from...
[June 10, 2004, 12:05]
PeopleSoft shares scarce, says Oracle
News As Oracle presses on with its hostile bid for PeopleSoft, only a "few" shares have been tendered at this point, top Oracle executive Chuck Phillips said on Friday. Oracle, which launched its hostile bid on June 6 with a cash offer of $16 a share...
[June 23, 2003, 10:02]
Deadline extended for selling PeopleSoft shares
News Oracle has extended the deadline for tendering shares in its hostile takeover bid for PeopleSoft. It marks the latest setback for the database giant and its hostile $6.3bn (£3.77bn) bid for PeopleSoft.
[July 4, 2003, 8:06]
Oracle faces big bills in buying PeopleSoft
News Oracle may find itself on the hook for $354m (£211.69m) in PeopleSoft customer-protection guarantees if it succeeds in its hostile bid for PeopleSoft, according to a securities filing on Thursday. When Oracle announced its hostile takeover bid last...
[July 4, 2003, 7:57]
PeopleSoft and Oracle 'talked often'
News PeopleSoft and Oracle had numerous discussions about a friendly merger about a year before Oracle launched its hostile bid for PeopleSoft -- including an in-person meeting among the company's top executives.
[June 28, 2004, 14:40]
Oracle approaches antitrust deadline
News Oracle expects to receive word by Monday on whether federal antitrust regulators will let its hostile bid for PeopleSoft jump over regulatory hurdles. But in cases where a hostile bid is involved, companies frequently provide the information within...
[June 30, 2003, 7:53]
Oracle could raise PeopleSoft price
News Oracle chief executive Larry Ellison on Tuesday left the door open to raising the share price offer in its hostile takeover bid for competitor PeopleSoft. Oracle earlier this month launched its hostile takeover bid to acquire PeopleSoft for $5.1bn...
[June 25, 2003, 13:52]
US states weigh antitrust aspect of Oracle bid
News Representatives of state attorneys general throughout the nation held a conference call on Tuesday afternoon to discuss Oracle's hostile $6.3bn (£3.79bn) cash bid for PeopleSoft, a move that could lead to greater antitrust regulatory resistance...
[June 25, 2003, 9:21]
PeopleSoft shells out $70m fighting Oracle
News PeopleSoft offered a glimpse at the price of blocking Oracle's hostile takeover bid in a regulatory filing Monday. Regardless of a favourable ruling by Judge Walker, Oracle would still need to remove PeopleSoft's "poison pill," which makes a...
[August 10, 2004, 9:45]
Oracle intensifies pressure on PeopleSoft
News Oracle's revised hostile takeover bid puts new pressure on PeopleSoft in its eight-month battle to fend off its arch-rival. Oracle expects to hear from the US Department of Justice by 12 March , as to whether antitrust regulators will challenge its...
[February 5, 2004, 7:45]
Ellison extends support promise in PeopleSoft bid
News Oracle will bypass the PeopleSoft board and speak directly to their shareholders in an attempt to gain support for its hostile bid, Larry Ellison, chief executive of Oracle said during a keynote speech at the Oracle AppsWorld conference in London...
[June 24, 2003, 16:49]
EC approves Oracle-PeopleSoft merger
News European antitrust regulators ruled on Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and tumultuous battle. With the last regulatory obstacle out of the way...
[October 26, 2004, 15:45]
Oracle needs deeper pockets yet for PeopleSoft bid
News Although Oracle raised the price of its hostile takeover bid for PeopleSoft on Wednesday, the database giant needs to go even higher if it wants shareholders to bite, say several PeopleSoft investors.
[June 19, 2003, 9:19]
