Combination Creates World's Second Largest Enterprise Application Software Company
PLEASANTON, Calif. and DENVER, Colo. - July 18, 2003 - PeopleSoft, Inc.(Nasdaq: PSFT) and J.D. Edwards & Company (Nasdaq: JDEC) today announced that PeopleSoft has purchased approximately 110 million shares, or 88% of the outstanding shares of J.D. Edwards pursuant to its exchange offer to acquire all of the outstanding shares of J.D. Edwards that expired at 12:00 midnight EDT, Thursday, July 17, 2003. PeopleSoft expects to acqu..
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