INVESTMENT BANKING DATABASE: TECHNOLOGY
- Oracle Raises Bid For PeopleSoft. Dow Jones // American Banker;11/2/2004, Vol. 169 Issue 211, p14
Reports that Oracle Corp. has increased its hostile bid for rival, PeopleSoft, Inc. to $24 per share. Comments from Jeff Henley, the chairman of Oracle on the only remaining obstacle to the deal; Bid which will be withdrawn by November 19, 2004 if the majority of PeopleSoft shareholders fail to...
- Strike and Parry. Hickey, Kathleen // Traffic World;6/23/2003, Vol. 267 Issue 25, p16
Reports on the hostile takeover bid attempt of Oracle Corp. to PeopleSoft Inc. Terms offered by Oracle; Cost of the proposed transaction; Nature of business of the two companies.
- Oracle's field of play. Ferguson, Renee Boucher // eWeek;11/15/2004, Vol. 21 Issue 46, p13
The article focuses on refusal of PeopleSoft Inc. to accept "best and final" tender offer by Oracle Corp. Although Oracle has given PeopleSoft shareholders to tender their shares or else it will withdraw its updated offer of $24 per share, some say it may not be Oracle's final word. Oracle...
- Oracle reduces bid for PeopleSoft to Â£4.3bn. Thomas, Daniel // Computer Weekly;5/25/2004, p8
Oracle Corp. has reduced its offer to buy rival software house PeopleSoft Inc. by Â£1 billion to Â£ 4.3 billion. The revised offer reflects changes in market conditions and in PeopleSoft's market valuation, said Oracle chairman and chief executive Jeff Henley. Early in its takeover campaign...
- Oracle's rising star. // eWeek;2/23/2004, Vol. 21 Issue 8, p26
This article presents an interview of Charles Phillips, co-presidents of the Oracle Corp., a database and business applications company. He discusses about the PeopleSoft Inc. deal and its shareholders attitude. As they are invited in management team and board meetings. They have refused to do...
- WHAT'S NEXT? Ferguson, Renee Boucher // eWeek;11/1/2004, Vol. 21 Issue 44, p20
The article reports on the possibility of Oracle Corp. acquisition of PeopleSoft Inc. In the event of such a move, customers, analysts and company insiders are predicting a rocky road ahead for PeopleSoft customers. With nearly 100 percent product overlap between Oracle's E-Business Suite and...
- Can PeopleSoft's Defense Survive a Challenge? Toker Jr., Donald Leo // Mergers & Acquisitions: The Dealermaker's Journal;Apr2004, Vol. 39 Issue 4, p33
Focuses on the Customer Assurance Program of PeopleSoft challenged by its stockholders and Oracle. Terms of acquisition under the program; Poison pill function of the assurance program; Letter issued by the company to its customers regarding the definition of the program.
- Understand supplier motives and prepare contracts to protect your IT after a merger. Vowler, Julia // Computer Weekly;2/15/2005, p24
This article reports that the software industry has been in the grip of merger mania over the past few months. Recent multibillion-pound deals include Oracle Corp.'s acquisition of enterprise software rival PeopleSoft Inc. and security specialist Symantec Corp. taking over storage company...
- Oracle, PeopleSoft in $5.1 billion war of words. Cardenas, Felipe // Caribbean Business;6/19/2003, Vol. 31 Issue 24, p34
Reports on the consequence from the hostile takeover bid of Oracle Corp. for PeopleSoft Inc. View of PeopleSoft Inc. chief executive about the acquisition; Value of the corporate stock of the software developer; Investment opportunities on Oracle Corp.