Oracle Refreshes PeopleSoft Offer

August 27, 2004

[From internetnews.com]

While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle (Quote, Chart) is keeping the deal in play.

The database giant extended its previously announced tender offer of $21 for all of the common stock of PeopleSoft (Quote, Chart) to midnight EDT on Friday, September 10th.

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