What label best describes this news article?
Oracle: 61 Pct PeopleSoft Stock Tendered  SAN FRANCISCO (Reuters) - Oracle Corp. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ORCL.O target=/stocks/quickinfo/fullquote"&gt;ORCL.O&lt;/A&gt; on Friday  said 61 percent of PeopleSoft Inc. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=PSFT.O target=/stocks/quickinfo/fullquote"&gt;PSFT.O&lt;/A&gt; shares were  tendered for its \$24-a-share offer, strengthening Oracle's  hostile bid position as it waits to see if PeopleSoft's board  will remove the final barrier to a deal. 