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Mergers & Acquisitions

Jun. 17, 2003

Hostile Takeover Bid Interrupts Billion-Dollar Software Merger

Earlier this month, PeopleSoft Inc. agreed to buy J.D. Edwards & Co. in a $1.7 billion deal that would create the world's second-largest enterprise software company.

By Toni Vranjes
        Earlier this month, PeopleSoft Inc. agreed to buy J.D. Edwards & Co. in a $1.7 billion deal that would create the world's second-largest enterprise software company.
        But just a few days after the companies announced the transaction, Silicon Valley competitor Oracle Corp. threw a wrench in the works by making a $5.1 b...

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