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To: Techplayer who wrote (41649)6/6/2003 7:15:37 AM
From: AugustWest  Read Replies (2) | Respond to of 57110
 
Oracle to Launch Cash Tender Offer for PeopleSoft for $16 Per Share
Friday June 6, 7:11 am ET
Oracle Q4 Preliminary Earnings of 14 to 15 Cents Per Share

REDWOOD SHORES, Calif., June 6 /PRNewswire-FirstCall/ -- Today, Oracle Corporation (Nasdaq: ORCL - News) announced that it will commence a cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc. (Nasdaq: PSFT - News) for $16 per share, or approximately $5.1 billion. Separately, Oracle announced that it will meet or exceed consensus earnings estimates for the fiscal fourth quarter.
biz.yahoo.com