Stories by Scarlet Pruitt and Paul Roberts

Oracle increases offer, sues PeopleSoft

Oracle bumped up its unsolicited offer to buy rival PeopleSoft from US$5.1 billion to approximately $6.3 billion Wednesday, while at the same time announcing that it was filing suit against PeopleSoft, its board of directors and J.D. Edwards & Co. for their efforts to stave off the acquisition.

Oracle to make $5.1 billion bid for PeopleSoft

Oracle Corp. is making a US$5.1 billion bid for enterprise software provider PeopleSoft Inc. in a move to increase earnings and enhance future versions of its eBusiness Suite, the company said Friday.