Oracle v. PeopleSoft Trial Closes
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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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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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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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A PeopleSoft Inc.  board member told a Delaware court on Tuesday that the software maker would consider a bid from its rival Oracle Corp.  provided the price was right and a deal closed quickly.
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A Greek court on Monday put off the trial of Olympic medalists Costas Kenteris and Katerina Thanou in a case linked to a doping scandal at the 2004 Athens Games.
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NOVEMBER 01, 2004  - The end may be in sight in the ongoing saga of Oracle Corp.&#39;s hostile takeover bid for embattled competitor PeopleSoft Inc.
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Oracle Corp. notified Delaware's Court of Chancery of plans to drop a lawsuit pending there against PeopleSoft Inc. if PeopleSoft shareholders reject Oracle's tender offer. The notification is a sign that Oracle is serious about its current offer being the final one.
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Oracle Corp. announced on Wednesday the end of an 18-month fight for the takeover of software maker PeopleSoft as 75% of the competitorâs shareholders have agreed to tender their shares to Oracle.
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The long-running battle in US courts between Oracle and the Department of Justice took a milestone step today as a US District Court Judge in San Francisco ruled that the takeover bid by Oracle for competitor PeopleSoft could continue.
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On 1 October 2004, PeopleSoft&#39;s board of directors terminated Conway as president and CEO, citing a &quot;loss of confidence&quot; in his ability to lead the company.
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By Bloomberg News. A judge dismissed a lawsuit against Lawrence J. Ellison, chief executive of the Oracle Corporation, and Jeffrey O. Henley, its chairman, that accused them of insider trading
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Oracle Corp., bidding $8.8 billion for PeopleSoft Inc., will drop a court battle to strike down PeopleSoft&#39;s takeover defenses unless 50 percent of shares are tendered by Nov. 19.
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Oracle Corp.&#39;s 18-month struggle to gain control of PeopleSoft Inc. drew to a close this morning when PeopleSoft&#39;s board agreed to a new $10.3 billion takeover offer.
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REDWOOD CITY - Testimony in Scott Peterson&#39;s double-murder trial abruptly ended Wednesday with prosecuting attorneys deciding not to call rebuttal witnesses.
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A six-month lull in corporate fraud trials ends soon. Ex-Tyco, WorldCom, HealthSouth execs on deck. By Krysten Crawford, CNN/Money staff writer.
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New trial reveals that the former CEO's exaggerations about the Oracle takeover bid led to his firing.
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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 &#36;7.7 billion deal.