The Chronicle of Higher Education

Oracle Advances in Bid to Take Over PeopleSoft as Most Shareholders Show Readiness to Sell

By DAN CARNEVALE

The owners of more than 60 percent of PeopleSoft's stock indicated on Friday that they would sell their shares to the Oracle Corporation, bringing Oracle another step closer to taking over its software rival. PeopleSoft makes a number of products used widely in higher education.

The...

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