Dec 14 (Reuters) - People Corp PEO.V :
* PEOPLE CORPORATION TO BE ACQUIRED BY GOLDMAN SACHS MERCHANT BANKING
* PEOPLE CORPORATION TO BE ACQUIRED BY GOLDMAN SACHS MERCHANT BANKING
* PEOPLE CORP - DEAL FOR $15.22 PER SHARE
* PEOPLE CORP - DEAL REPRESENTING A TOTAL EQUITY VALUE OF APPROXIMATELY $1.13 BILLION
* PEOPLE CORP - TRANSACTION WILL BE FINANCED THROUGH A COMBINATION OF COMMITTED DEBT AND EQUITY FINANCING