Oracle Corp. sweetened its hostile bid for rival business software maker PeopleSoft Inc. to $9.2 billion Monday, a 14 percent increase aimed at resolving the long-running takeover battle between the ...

Raising the stakes in Silicon Valley's fierce takeover battle, Oracle Corp. increased its hostile bid for PeopleSoft by more than $1-billion Wednesday in a new effort to pressure PeopleSoft's board to ...

Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a $10.3 billion deal that promises to shake up the business software ...

Oracle Corp. will fire 5,000 workers in the financial fallout from the business software maker’s recently completed $10.3 billion takeover of rival PeopleSoft Inc. The job cuts outlined Friday ...

SAN FRANCISCO (CBS.MW) -- With two hurdles removed Friday to Oracle's $7.7 billion hostile bid for PeopleSoft, shares of both companies rose and there was speculation that the offer price could be ...

When Oracle CEO Larry Ellison launched a multibillion takeover of PeopleSoft in early June, he ignited a war of words and lawsuits. Oracle threatened to discontinue its rival's product line, drawing ...

As Oracle presses on with its hostile bid for PeopleSoft, only a "few" shares have been tendered at this point, Oracle executive Chuck Phillips said Friday. Phillips, an executive vice president, ...

REDWOOD SHORES, Calif. — Oracle Corporation today announced that PeopleSoft stockholders have tendered approximately 75 percent of PeopleSoft outstanding stock, giving Oracle control of the company.

SAN FRANCISCO (CBS.MW) -- Oracle beat its fiscal fourth-quarter profit target Thursday with income that rose 31 percent from last year as it boosted sales of software-license updates and product ...

PeopleSoft Inc.'s directors rejected Oracle Corp.'s latest hostile offer to buy the business-software maker for $6.3-billion, saying it's still too low and would fail to win antitrust approval. The ...