Interesting. Oracle has upped its bid for Peoplesoft by 33%. This puts it at $26 per share compared with its original offer of $19.50. "This is our final price," Oracle Chairman Jeff Henley said Wednesday. "We urge PeopleSoft's directors to seriously consider our offer and put the interests of their stockholders first."
I don't think this is good news for anyone working at Peoplesoft (unless they hold a lot of stock) or any Peoplesoft customers.
http://www.siliconvalley.com/mld/siliconvalley/7872238.htm