Oracle has total control over PeopleSoft domain

摘要

ORACLE said day it has taken control of PeopleSoft,now that about 75 % of shareholders of the rival software maker have tendered their shares.PeopleSoft earlier this month agreed to a sweetened US 10.3 billion buyout by Oracle,relenting after an 18-month takeover saga which included courtroom battles and the ouster of PeopleSoft's chief executive.The initial period for the tender offer expired at midnight,while a subsequent offering period expires on January 4,2005,according to a statement from Oracle.The deal is expected to close in early January.