Oracle to PeopleSoft: Rescind Poison Pill
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Oracle Corp. on Monday said it asked Peoplesoft Inc.'s board of directors to immediately rescind a "poison pill" anti-takeover provision, two days after 61 percent of PeopleSoft shareholders tendered their stock in favor of Oracle's &#36;24-a-share hostile offer.
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PeopleSoft&#39;s board ousted Craig Conway as CEO after he made a misleading statement about the company&#39;s ability to recruit customers while fending off Oracle&#39;s $7.
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NEW YORK, October 4  - PeopleSoft&#39;s (PSFT.NAS) former CEO, Craig Conway, has accepted to have lied when he told investors last year that Oracle&#39;s $7.
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PeopleSoft reiterated on Tuesday its opposition to a $7.7 billion takeover offer from Oracle after the European Union approved the bid, removing the last regulatory hurdle to a deal.
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PeopleSoft Inc., the business software-maker, unexpectedly fired Craig Conway, its chief executive, dumping the feisty leader who engineered the company&#39;s dogged resistance to Oracle Corp.
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) on Wednesday said its board had again unanimously rejected Oracle Corp.&#39;s (ORCL.
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Oracle dislikes what PeopleSoft is doing, but it's still buying.
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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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The last antitrust obstacle to Oracle&#39;s takeover bid has been cleared. Now, one way or another, investors want this soap opera to end.
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WASHINGTON : Senior executives at business software group PeopleSoft have once again spurned a takeover bid from Oracle Corp, even after the latter announced it had control of more than 60 percent of PeopleSoft&#39;s shares.
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Oracle Corp. on Monday said it has asked Peoplesoft Inc.'s board of directors to immediately redeem the company's poison pill, two days after 61 percent of PeopleSoft shareholders tendered their stock for Oracle's &#36;24-a-share hostile offer.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.
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PeopleSoft&#39;s board knew that CEO Craig Conway had erred in his comments, so it filed a corrected version of the meeting transcript with the Securities and Exchange Commission.
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PeopleSoft (PSFT:Nasdaq - news - research) Wednesday publicly rejected Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share takeover offer, saying the $8.
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NEW YORK, November 24  - Oracle Corporation (ORCL.NAS) is seeking a court order to remove PeopleSoft&#39;s (PSFT) anti-takeover defenses, after 61% of PeopleSoft&#39;s shareholders tendered their shares last week in support of Oracle&#39;s takeover
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(SAN FRANCISCO) - PeopleSoft is asking its shareholders to reject what Oracle calls its &quot;best and final offer&quot; to buy the company.
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PeopleSoft's board of directors today rejected Oracle's latest $24-per-share "best and final offer" for the company, leaving the outcome in the hands of PeopleSoft shareholders.