Oracle still on the hunt for PeopleSoft

Extends tender offer to mid-October, number of shares offered up by PeopleSoft shareholders flatlining at about 10 per cent
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|hrreporter.com|Last Updated: 11/03/2003

T

he battle for control of PeopleSoft is still very much on — at least from Oracle’s point of view.

Oracle, whose hostile-takeover pursuit of PeopleSoft officially began in June, has extended its tender for all of the common stock of PeopleSoft for $19.50 US to midnight on Friday, Oct. 17.