JD Edwards

Oracle Completes PeopleSoft Acquisition for $10.3 Billion After Defeating Antitrust Challenge

2004-12-13 00:00:00 +0000 UTC | Importance: 8/10

Oracle Corporation completed its acquisition of PeopleSoft on December 13, 2004, for approximately $10.3 billion ($26.50 per share), concluding an 18-month hostile takeover battle after defeating the Department of Justice’s antitrust challenge. The final purchase price represented more than …

Oracle Larry Ellison PeopleSoft JD Edwards oracle corporate-consolidation anti-competitive antitrust mergers

Oracle Launches Hostile Takeover Bid for PeopleSoft Worth $5.1 Billion

2003-06-06 00:00:00 +0000 UTC | Importance: 8/10

Oracle Corporation launched an unsolicited hostile takeover bid for PeopleSoft on June 6, 2003, with an initial cash tender offer of $16.00 per share, valuing the enterprise software competitor at approximately $5.1 billion. The timing proved particularly aggressive, as Oracle announced the bid only …

Oracle Larry Ellison PeopleSoft JD Edwards oracle corporate-consolidation hostile-takeover anti-competitive