Oracle Q4 preliminary earnings of 14 to 15 cents per share
Redwood Shores, Calif., June 6, 2003—Today, Oracle Corporation announced that it will commence a cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc. (Nasdaq: PSFT) 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.
"The acquisition of PeopleSoft will immediately make Oracle an even more ..
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