If Oracle renews its bid for rival BEA Systems, it would come in at a price below its initial offer of US$17 a share, the company told analysts Wednesday.
Oracle expects to receive word by Monday in the U.S. whether federal antitrust regulators will let its hostile bid for PeopleSoft jump over regulatory hurdles.
Oracle is muscling in on SAP's bid to buy software maker Retek, saying it plans to best its rival's US$8.50 per share offer with a US$9 bid on Wednesday in the US.
Oracle has warned BEA Systems that its US$6.7 billion buyout offer will expire on Sunday, unless the middleware company agrees to put its offer before shareholders for a vote.
PeopleSoft is offering customers money-back guarantees to prevent them from fleeing to rivals in fear of a hostile takeover by Oracle.
Oracle may be celebrating its long-awaited union with PeopleSoft, but customers, employees and competitors have reason to worry.
Oracle on Friday announced a surprise US$5.1 billion takeover bid for enterprise software maker PeopleSoft, only a few days after PeopleSoft said it was acquiring rival J.D. Edwards for $1.7 billion.
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
The company is turning up the buzz on grid computing, as the OracleWorld customer conference gets under way in San Francisco.
In the midst of a hostile takeover battle for PeopleSoft, database giant Oracle already eyeing Siebel Systems.
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