Update 3: Oracle Opens Legal Attack on PeopleSoft
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Oracle Corp. opened its legal attack on PeopleSoft Inc.&#39;s takeover defenses Monday with charges that ousted chief executive Craig Conway lied to Wall Street analysts about the effect of Oracle&#39;s acquisition
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Oracle Corp. raised its takeover offer for PeopleSoft Inc. by 14 percent to $8.8 billion, increasing the pressure on the smaller software company to give up its 17-month fight against the bid.
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The wrangling between PeopleSoftÂ  and OracleÂ has once again gone to the dogs.
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Oracle Corp.&#39;s $24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight&#39;s deadline for stockholders to offer their shares for sale approached.
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CEO Craig Conway&#39;s over-enthusiastic statements about the effect Oracle Corp&#39;s hostile takeover bid was having on PeopleSoft Inc&#39;s business contributed in part to his downfall, it was suggested in court yesterday.
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PeopleSoft's CEO admits to starting a campaign to smear Oracle right after announcement of the deal.
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All eyes are on a Delaware Chancery Court judge now that Oracle&#39;s lawsuit against PeopleSoft closed Friday. The two-weeks&#39; worth of testimony centered on Oracle&#39;s request that PeopleSoft (Quote, Chart) remove its Customer Assurance Program (CAP).
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Oracle yesterday raised its hostile takeover offer for rival software company PeopleSoft by 14%, to $8.8bn (Â£4.37bn), and for the first time set a deadline for acceptance of the bid.
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A major battle is over, but the war for PeopleSoft (PSFT:Nasdaq - news - research) rages on. Executives of the business software giant continued to resist Oracle&#39;s (ORCL:Nasdaq - news - research) $9 billion
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Oracle has opened a new front in its 17-month battle to take over PeopleSoft, announcing a slate of nominees to challenge the rival software companyâs existing board of directors at its annual meeting next year.
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REDWOOD SHORES, CALIF. - Oracle Corp. has again raised the stakes in its long-running attempt to take over rival PeopleSoft Inc. On Monday, Oracle boosted its bid by another 14.
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Following its latest rejection, the next stage in Oracle&#39;s battle to buy PeopleSoft is set to begin in a courtroom on Wednesday.
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Shareholders of PeopleSoft Inc. are discussing the possibility of a new lawsuit over the company's resistance to takeover overtures from Oracle Corp., a shareholder lawyer said Monday.
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Oracle Corp. goes to trial Monday on its legal bid to dismantle the dwindling takeover defenses of PeopleSoft Inc., the rival it has been attempting to acquire for 15 months.
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The ruling yesterday came more than 15 months after Oracle made its initial surprise offer for PeopleSoft. The past year has been marked by numerous legal maneuvers and verbal grenades tossed
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LOS ANGELES (CBS.MW) -- Oracle Corp.&#39;s hostile $9.2 billion offer to acquire PeopleSoft Inc. moves to a Delaware courtroom on Wednesday.
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Software giant Oracle Corp. began its legal battle with rival PeopleSoft Inc. in Delaware Chancery Court Monday, the first of two cases expected to bring the national business media to the state&#39;s famed court of equity this month.