Summary
Oracle Corp.'s hostile $7.7 billion bid for rival software maker PeopleSoft Inc. could drop by one-third to one-fourth, Oracle co- President Safra Catz said Monday.
Ms. Catz cited PeopleSoft's 2004 performance as the chief reason for what she said is likely to be a decline from the current $21-a- share offering price.See the full content of this document
Extract
Oracle Considers Significant Drop in Bid
"The direction is down significantly," she said in answer to ...
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