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Mergers & Acquisitions

Aug. 5, 2003

Relentless Hostile Suitor Eyes Betrothed Company

PeopleSoft Inc. has closed its $1.8 billion acquisition of J.D. Edwards & Co., but PeopleSoft's hostile suitor Oracle Corp. hasn't given up its quest to take over the company.

By Toni Vranjes
        PeopleSoft Inc. has closed its $1.8 billion acquisition of J.D. Edwards & Co., but PeopleSoft's hostile suitor Oracle Corp. hasn't given up its quest to take over the company.
        The completion of the J.D. Edwards deal makes the hostile takeover bid more expensive. After the acquisition closed, Oracle announced it is wi...

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