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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (52138)5/17/2004 8:28:43 AM
From: AugustWest  Respond to of 57110
 
Figured this was only a matter of time.
And will likely be revised to the down again....

Oracle lowers PeopleSoft bid

May 17, 2004 (Datamonitor via COMTEX) -- Oracle Corp said after the markets
closed Friday that it has lowered its bid for rival PeopleSoft Inc, from $26 per
share to $21 per share, making the hostile takeover bid now worth about $7.7bn,
down from $9.4bn.