After an 18-month dance of offer and rejection, PeopleSoft Inc. finally agreed to be acquired by rival software maker Oracle Corp. for $10.3 billion. Oracle’s $26.50-per-share bid, which creates the world’s second-largest business software maker, was approved by the board of directors of both companies just three weeks after PeopleSoft had again rejected a deal, despite support from a majority of its shareholders.
**For more on this saga,
read the full Reuters story.