October 2004
Investment Dealers' Digest;10/11/2004, Vol. 70 Issue 39, p70
Trade Publication
The article presents information on the status of development in business in the sector of technology. Steven Goldby, head of PeopleSoft's board transaction committee, testified that he had be open to discussing a merger with Oracle if that company ups its $7 billion hostile bid to on amount the board considers fair. SunGard Data Systems said it plans to spin off its availability services business in a tax-free distribution of shares in early 2005. Computer Associates said it plans to acquire computer security provider Netegrity in a $430 million all cash deal.


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