More on Oracle/Peoplesoft.

From: Mark Leith <mark_at_cool-tools.co.uk>
Date: Wed, 18 Jun 2003 08:28:30 -0700
Message-ID: <F001.005B3F04.20030618074000@fatcity.com>

I've been keeping an eye on this at The Register site
(http://www.theregsiter.co.uk), who've had a number of articles on the
tit-for-tat war that now seems to be going on between Oracle, Peoplesoft, and JD Edwards..

Oracle upped their offer today:

Oracle Boosts PeopleSoft Bid to US$19.50 per Share

June 18, 2003--Today, Oracle announced that it will increase its cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc. (Nasdaq: PSFT) to US$19.50 per share, or approximately US$6.3 billion. This offer price is a 29% premium to the PeopleSoft stock price prior to the announcement of Oracle's cash offer on June 6, 2003.

Source (and new campaign web site): http://www.oracle.com/peoplesoft/

Recent Register articles on the subject:

http://www.theregister.co.uk/content/53/31283.html
http://www.theregister.co.uk/content/53/31231.html
http://www.theregister.co.uk/content/53/31204.html
http://www.theregister.co.uk/content/53/31181.html
http://www.theregister.co.uk/content/53/31179.html
http://www.theregister.co.uk/content/53/31174.html

...
...
There's more but I won't post them - if you're interested dig around a little.. Seems they are pretty serious about this, and *not* doing it to take the cream away from the cat, as it were.

Mark

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Received on Wed Jun 18 2003 - 10:28:30 CDT