PeopleSoft Pushes Out Conway
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There are some business stories that read like steamy novels. The torrid, and often sordid, affair that has been the imbroglio between database king Oracle (Nasdaq: ORCL) and
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The battle for PeopleSoft intensified on Tuesday, with the company&#39;s two top shareholders said to be taking opposite sides in the software maker&#39;s struggle against an $8.8 billion hostile bid by its bigger rival Oracle.
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When Craig Conway took charge at PeopleSoft in 1999, the maverick ex-Oracle salesman was given free rein to turn around the software maker's country-club atmosphere and whip it into shape for fierce competition. And, in large part, he succeeded.
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NEW YORK (CBS.MW) -- PeopleSoft shares jumped over 8 percent Friday after the software company fired CEO Craig Conway in a move viewed as paving the way for a new takeover bid from rival Oracle Corp.
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Following the departure of PeopleSoft Inc. chief executive officer Craig Conway, the software company may be looking with fresh interest at longtime suitor Oracle Corp.
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PeopleSoft Inc.&#39;s board fired Craig Conway as its chief executive after hearing him explain why he made a misleading statement about the business software maker&#39;s ability to close sales while fighting rival Oracle Corp.
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WILMINGTON, Delaware A director of PeopleSoft said that Craig Conway, the company&#39;s chief executive, was fired on Friday in part because he made false statements at an analysts&#39; conference in September 2003.
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Fresh off his abrupt firing as PeopleSoft Inc.'s chief executive, an uncharacteristically subdued Craig Conway came to court Wednesday to defend his caustic counterattacks against Oracle Corp.'s &#36;7.7 billion takeover bid.
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WALNUT CREEK, Calif. - Oracle Corp. executives, lobbying investors to support the company&#39;s $9.2 billion hostile takeover bid, came out swinging Monday against PeopleSoft Inc.
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Ongoing battle between rival software makers enters new stage. Board has vowed to continue resistance. By Michael Liedtke. SAN FRANCISCO -- More than 60 percent of PeopleSoft Inc.
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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PeopleSoft Inc. PSFT.O on Friday  fired Chief Executive and President Craig Conway, citing a loss  of confidence, and the software company's shares jumped on  expectations that the move could pave the way for a deal with  hostile bidder Oracle Corp.
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WALNUT CREEK, Calif. - PeopleSoft Inc. rebuffed Oracle Corp.&#39;s latest hostile takeover bid, vowing to fight the $9.2 billion offer even if a majority of shareholders supported it.
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NEW YORKâPeopleSoft Inc., suffering with a deteriorating software business as the company fights Oracle Corp.&#39;s hostile takeover bid, has fired chief executive Craig Conway, citing a loss of confidence in his ability to lead.
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update Craig Conway has been fired as president and chief executive officer of PeopleSoft and will be replaced by founder Dave Duffield, the company said Friday.
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SAN FRANCISCO/NEW YORK  - PeopleSoft Corp.  PSFT.O fired its chief executive Craig Conway on Friday just  hours before U.S. antitrust regulators said they would drop  their case against Oracle Corp.'s ORCL.O $7.7 billion hostile  bid for its software rival.
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Oracle may yet prevail, but not because its target is surrendering. Digging in for a long fight is more likely. When PeopleSoft&#39;s board of directors fired Chief Executive Craig Conway on Oct. 1, Wall Street