Judge Rules Oracle Can Pursue PeopleSoft Takeover
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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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A crucial legal ruling in Oracle's takeover bid for Peoplesoft is delayed after a judge says he needs to hear more evidence.
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PeopleSoft Inc. will push ahead with a marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corp.'s $7.7 billion hostile takeover bid could succeed, PeopleSoft's chief executive said yesterday.
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A federal judge on Thursday rejected the government's attempt to block Oracle Corp.'s &#36;7.7 billion takeover bid for rival PeopleSoft Inc., concluding a combination between the business software makers wouldn't throttle competition in a narrow market niche.
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SAN FRANCISCO/WASHINGTON  - A U.S. federal judge  on Thursday gave Oracle Corp. a green light to proceed with its  hostile bid to take over rival business software maker  PeopleSoft Inc., rejecting the government's bid to block the  $7.7 billion deal.
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Less than a month after a federal court ruled that Oracle could pursue its hostile takeover of PeopleSoft, and almost immediately after PeopleSoft on Friday fired Craig Conway, its chief executive, the skirmish between the two companies is shifting to a
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CHICAGO/SAN FRANCISCO  - Options traders have been  building bullish positions in PeopleSoft Inc.  PSFT.O as  investors bet a federal judge will approve Oracle Corp.'s  hostile takeover bid of the business software maker, traders  said on Monday.
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SAN FRANCISCO  - Business software maker  Oracle Corp.  said on Thursday it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc. , to Sept. 10, as it awaits a U.S. District Court judge's ruling on whether the takeover attempt can move forward.
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A federal judge has postponed his decision on PeopleSoft&#39;s last hostile takeover defense against Oracle until next month. Delaware Chancery Court Judge Leo Strine said he would need more information from both
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Oracle&#39;s proposed takeover of Peoplesoft has hit another barrier. A Delaware judge has delayed his final ruling over Peoplesoft&#39;s poison pill defence, saying that he needs to hear more evidence.
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The Delaware judge overseeing the legal wrangling there between PeopleSoft (Profile, Products, Articles) and hostile suitor Oracle (Profile, Products, Articles) rejected on
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Let the bidding begin! A federal judge Thursday rejected a government attempt to block Oracle&#39;s proposed takeover of rival PeopleSoft.
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The judge who must decide whether PeopleSoft Inc.&#39;s corporate takeover defenses will stand up against a hostile takeover attempt by Oracle Corp.
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Investor's Business Daily - A long-awaited ruling Thursday by U.S. District Judge Vaughn Walker has cleared the way for Oracle   to proceed with its &#36;7.7 billion hostile bid to buy rival PeopleSoft  .
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The European Union's competition commissioner could be ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft.
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While Oracle Corp. awaits a judge&#39;s decision on whether it can continue in its quest to acquire PeopleSoft Inc., the company faced a setback in an unrelated case.
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As expected, the European Commission announced Tuesday it has ruled that Oracle Corp. can proceed with its hostile acquisition attempt of PeopleSoft Inc.