Version: 2008
  • On TechRepublic: Windows 7: Slower to boot than Vista?

July 13, 2004 12:22 PM PDT

Oracle extends PeopleSoft offer again

Oracle announced Monday it has extended the deadline for PeopleSoft investors to tender their shares in its hostile bid to acquire PeopleSoft. Oracle has extended the deadline to Aug. 27 from July 16. The $7.7 billion dollar deal offers $21 for each share of PeopleSoft stock.

PeopleSoft investors have tendered 4.69 million shares to date and are waiting to see if the Justice Department will prevail in its efforts to block the deal. A U.S. District Court judge is expected to rule on the case sometime in August or September.

advertisement

Latest tech news headlines

advertisement

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (0.72%) 73.00 10,270.47
S&P 500 (0.57%) 6.24 1,093.48
NASDAQ (0.88%) 18.86 2,167.88
CNET TECH (0.63%) 9.86 1,587.17
  Symbol Lookup
advertisement

Inside CNET News

Scroll Left Scroll Right