Oracle says it won’t raise bid: More twists and turns than a soap opera.
“An Oracle executive said Wednesday that it’s unlikely the company would raise its $7.25 billion unsolicited bid for rival PeopleSoft before regulators weigh in on the deal, if ever.”
Oracle lowers PeopleSoft bid to $7.7 billion: After raising the bid twice, (the last time just two months ago — and that coming just four months after saying they weren't going any higher), they're now lowering it. I can't even speculate on the implications of this. Business software maker…
