Oracle, who are just crazy about getting their hands on rival company PeopleSoft, have increased their offer to buy the company by $3 per share, taking its bid for PeopleSoft to a total of around $8.8 billion. Oracle have been involved in a bitter fight for control of PeopleSoft since they first launched their hostile takeover bid in June 2003. But now, a European Commission vote has approved the merger, and Oracle are pulling out their big guns to win this prize.
Oracle increases PeopleSoft offer
By Derek Sooman
Serving tech enthusiasts for over 25 years.
TechSpot means tech analysis and advice you can trust.
TechSpot means tech analysis and advice you can trust.
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