BREAKING NEWS ~ Federal judge rejects US bid to block Oracle ...
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CNET is reporting that US District Judge Vaughn Walker in San Francisco has denied a request by the Antitrust Division of the federal Department of Justice to issue an injunction against Oracle&#39;s hostile acquisition of business software maker PeopleSoft
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PeopleSoft Inc.'s board of directors said it rejected Oracle Corp.'s &#36;9.2 billion takeover bid Saturday, continuing its staunch resistance a day after the company's own shareholders tendered more than 60 percent of stock to Oracle.
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PeopleSoft&#39;s board unanimously rejected Oracle&#39;s $24-a-share offer as inadequate shortly after close of business in New York this evening.
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Oracle is one step closer to taking over rival PeopleSoft now that a federal judge has ruled against the federal government's effort to thwart the &#36;7.7 billion hostile bid over antitrust concerns, a decision that could spark a rash of tech-sector acquisition attempts.
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The Wall Street rumor mill is working overtime, spinning off speculation about how soon a decision will be announced in the US government lawsuit aimed at blocking Oracle&#39;s (ORCL:Nasdaq - news - research) proposed takeover of PeopleSoft (PSFT:Nasdaq
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A federal judge may have sent a gift  to all merger-minded U.S. executives when he rejected the  government's request to block Oracle Corp.'s ORCL.O bid for  PeopleSoft Inc. PSFT.O last week.
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A federal judge denied a request by Pfizer (nyse: PFE - news - people ) to halt competitors&#39; sales of gabapentin, a generic form of Pfizer&#39;s Neurontin epilepsy drug.
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A recent federal judge rejected the Justice Department's request to force a defendant to cough up his PGP passphrase. We unsuccessfully asked the agency to elaborate.
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Oracle&#160;on Tuesday morning said that BEA Systems has officially rejected its&#160;offer to acquire the company. BEA had previously said the&#160;offer was too low.
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Defining the word unsurprising, PeopleSoft&#39;s board of directors unanimously rejected Oracle&#39;s &quot;best and final&quot; $24 per share offer for the company.
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PeopleSoft Inc. PSFT.O on  Wednesday said its board had again unanimously rejected Oracle  Corp.'s ORCL.O $8.8 billion hostile tender offer, and Oracle  immediately appealed to PeopleSoft's shareholders, saying it  would leave the decision up to them.
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A federal judge handed Oracle Corp. a major victory Thursday when he ruled that the software giant&#39;s $7.7 billion hostile bid to gobble up rival PeopleSoft Inc.
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A federal judge recently denied Google's request for dismissal of American Airlines' suit.
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A US military judge Monday rejected a defense motion to bar evidence gained from a key suspect&#39;s computer in the Abu Ghraib prison abuse scandal.
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PeopleSoft Inc.'s board of directors rejected Oracle Corp.'s &#36;9.2 billion takeover bid Wednesday and vowed to continue its staunch resistance even if a majority of the business software maker's shareholders decide to accept the offer.
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Business software maker  PeopleSoft Inc. on Saturday said its board again rejected  Oracle Corp.'s $9.2 billion tender offer, remaining defiant a  day after most of its shares were tendered to Oracle.
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A federal judge has ruled that Oracle can proceed with its bid to acquire PeopleSoft, saying that the merger would not stifle competition in the market.