Software firm PeopleSoft has agreed to accept Oracle's proposal to buy the company. The agreement was for $10.3 billion or $26.50 a share. The agreed-upon total is an increase of the initial offering which was for $24 a share. The deal is expected to be complete by January 2005. The PeopleSoft agreement marks an end to an ugly process where JD Edwards was considered the initial buyer. JD Edwards was, much to PeopleSoft's latest search news
PeopleSoft Agrees To Oracle Merger
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