Database Journal
MS SQL Oracle DB2 Access MySQL PostgreSQL Sybase PHP SQL Etc SQL Scripts & Samples Tips Database Forum Rss Feed

» Database Journal Home
» Database Articles
» Database Tutorials
MS Access
SQL Scripts & Samples
» Database Forum
» Slideshows
Free Newsletters:

News Via RSS Feed

Rss Feed

Database Journal |DBA Support |SQLCourse |SQLCourse2

Featured Database Articles

Database News

Posted Oct 8, 2004

Oracle, EU Extend Deadlines

By DatabaseJournal.com Staff

[From internetnews.com]

The clock has again been reset for all sides in the proposed takeover of PeopleSoft (Quote, Chart).

Late today, Oracle (Quote, Chart) announced it had extended its tender offer for all of the common stock of PeopleSoft to midnight Friday, October 22. The tender offer was previously set to expire on Friday, October 8. This marks more than a dozen times that Oracle has adjusted its deadline.

Oracle's announcement comes one day after board member Joseph Grundfest testified in a Delaware court that Oracle's current bid of $21 per share -- or around $7.7 billion total -- might need to be renegotiated. Grundfest took the stand as part of Oracle's lawsuit against PeopleSoft designed to remove its Customer Assurance Program (CAP), which guarantees a refund to PeopleSoft customers should the company be acquired by a hostile takeover.

The article continues at http://internetnews.com/bus-news/article.php/3419011

Database News Archives

Latest Forum Threads
Database News Forum
Topic By Replies Updated
Efficient SQL Server Indexing by Design lcole 0 April 30th, 12:38 PM
Mine Oracle Database, SQL Server and Other Databases with Monarch Data Pump Pro V10.5 lcole 0 April 30th, 12:37 PM
Oracle Database and Oracle Fusion Middleware for Private Social Network Application lcole 0 April 30th, 12:31 PM
Oracle Database Maintains a Stronghold in the DBMS Market lcole 0 April 30th, 12:30 PM