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Database News

Feb 4, 2004

Oracle Offers $9.4 Billion for PeopleSoft

By DatabaseJournal.com Staff

[From internetnews.com]

Oracle (Quote, Chart) has ratcheted up its pressure on rival applications maker PeopleSoft (Quote, Chart) by raising its cash buyout offer to $9.4 billion.

The move comes as regulatory investigations to determine whether the merger would violate antitrust laws hurtle toward a conclusion.

The article continues at http://www.internetnews.com/dev-news/article.php/3308281

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