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Oracle gains control of PeopleSoft
News Oracle announced late on Tuesday that 75 percent of PeopleSoft investors have tendered their shares, giving it a controlling stake in the company but falling short of the level needed for a speedy close to the deal.
[December 29, 2004, 14:40]
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. Proxy solicitors, however, say hostile buyers will frequently amass more than 50...
[June 23, 2003, 10:02]
PeopleSoft reveals JDE merger detail
News Edwards shares have been tendered for about $14.74 in stock and cash per share, in a preliminary review of the exchange offer. Edwards investors tendered 88 percent of their shares as of 17 July, instead of the 90 percent PeopleSoft was looking for...
[July 24, 2003, 10:44]
Early acceptance runs risks for PeopleSoft shareholders
News Retail investors who tendered and hold their shares through a broker should be advised by that broker. 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...
[June 10, 2004, 12:05]
PeopleSoft deadline extended again
News As of Friday, PeopleSoft investors had tendered 37.7 million shares, or roughly 10 percent of outstanding shares. The rejection notices just keep piling up," said Steve Swasey, a PeopleSoft spokesman, referring to the pace at which shares were...
[August 11, 2003, 10:05]
Deadline extended for selling PeopleSoft shares
News As of Thursday, 34.7 million PeopleSoft shares had been tendered to Oracle, the Oracle said. If the target company has a "poison pill" in place, as does PeopleSoft, the unwanted suitor can use the tendered shares as leverage to pressure the...
[July 4, 2003, 8:06]
Oracle still trying for PeopleSoft
News As of Friday, PeopleSoft shareholders had tendered a total of 24.8 million shares, or about 7 percent of total shares outstanding, Oracle said. PeopleSoft spokesman Steve Swasey said the number of shares tendered has steadily declined over the past...
[October 13, 2003, 10:25]
Oracle wins over PeopleSoft shareholders
News Oracle had promised to walk away from the deal if investors tendered fewer than 50 percent of PeopleSoft's shares. This majority is comprised of stockholders who did not tender their shares, as well as stockholders who tendered but told us that...
[November 22, 2004, 7:30]
PeopleSoft can buy J.D. Edwards
News And at the time, PeopleSoft investors had tendered 34.7 million shares, or less than 11 percent, to Oracle. But in the interim, more PeopleSoft investors have tendered their stock, giving Oracle 43.8 million shares, or roughly 14 percent of its...
[July 15, 2003, 7:39]
PeopleSoft ruling inches closer
News As of Friday, PeopleSoft shareholders had tendered a total of 12.4 million shares, or about 3 percent of those outstanding, according to Oracle. In October, the number of shares tendered stood at 24.8 million, or about 7 percent of the total...
[December 22, 2003, 9:05]
CA buys Sterling for $4bn
News If the average trading price of CA shares for the period is less than $63.10 (£39), then the exchange ratio will be increased so that each Sterling share tendered in the offer would be exchanged for $35.55 (£22) worth of CA stock.
[February 16, 2000, 10:44]
Oracle needs deeper pockets yet for PeopleSoft bid
News After a tender offer deadline passes, the tendered shares are returned to the investors. That's because no hostile buyer has ever been willing to take the next step and purchase the tendered shares, for fear of triggering the "poison pill," Ball said.
[June 19, 2003, 9:19]
PeopleSoft mops up J.D. Edwards shares
News Edwards share that was not tendered in July. Business software maker PeopleSoft announced Friday that it has purchased all the remaining shares of J.D. PeopleSoft said it bought about 105 million shares of J.D.
[September 1, 2003, 9:35]
PeopleSoft hits merger target
News PeopleSoft on Friday announced that investors have tendered 88 percent of J.D. Edwards shares, delaying the closure of the $1.8bn (£1.13bn) merger as J.D. Edwards shares closed at midnight Thursday. The company expects to acquire the remaining...
[July 18, 2003, 13:38]
Oracle extends PeopleSoft share deadline
News PeopleSoft investors have tendered 4.69 million shares to date and are waiting to see if the Justice Department will prevail in its efforts to block the deal. Oracle announced on Monday that it has extended the deadline for PeopleSoft investors to...
[July 14, 2004, 9:10]
Forrester acquires tech researcher
News The merger of the research firms, both based in Cambridge, Massachusetts, is expected to close by the second quarter, and may finish on the early side depending on how many of Giga's outstanding shares are tendered.
[January 21, 2003, 14:21]
Investors join Oracle-PeopleSoft battle
News After earlier making earlier offers ranging as high as $26 per share, the database giant has said it's ready to abandon the battleground and move on if 50 percent of the shares aren't tendered. The group has more than 35 million shares, or a 9.3...
[November 17, 2004, 7:25]
Adobe scoops up server company
News In a statement released on Friday, Accelio urged shareholders to withdraw any shares tendered to Open Text. Accelio shares were up more than 45 percent, at $2.80, in early trading after the Adobe bid was announced on Friday.
[February 4, 2002, 12:04]
Rogue PeopleSoft shareholders turn on company
News Last week, PeopleSoft reported that only an estimated 37.7 million shares, or roughly 10 percent of the company's outstanding shares, had been tendered in favour of the offer. At that time, Oracle extended its deadline for tendering shares in its...
[August 18, 2003, 9:40]
Oracle reveals PeopleSoft board challengers
News The software maker, which did not draw down the tendered shares for fear of triggering the poison pill, later set a new deadline of 31 December for tendering shares. If triggered, the poison pill will flood the market with PeopleSoft shares, making...
[November 25, 2004, 8:05]
