PeopleSoft fires CEO, clearing way for bid by Oracle
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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 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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Oracle Corp. has taken control of PeopleSoft Inc. , ending an 18-month fight and making Oracle the world's number two maker of business management software.
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SAN FRANCISCO (CBS.MW) -- PeopleSoft Inc. founder Dave Duffield has resigned his posts as chairman and chief executive officer of the Pleasanton, Calif.
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In Oct 1 story headlined "PeopleSoft Ousts CEO Amid Oracle Battle," please read in paragraph 16 ... originally offering &#36;16 a share ... instead of ... originally offering &#36;19.50 a share ...
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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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Peoplesoft, the software company under siege from a hostile $7.7bn (Â£4.3bn) bid by its larger rival Oracle, yesterday sacked its chief executive, Craig Conway, increasing
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PeopleSoft Inc. Chief Executive Officer (CEO) and President Craig Conway was shown the door on Friday by the company's board of directors, who immediately replaced him with Dave Duffield, PeopleSoft's founder and chairman.
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Within two weeks of the firing of chief executive officer Craig Conway, business applications supplier PeopleSoft has seen the departure of another top executive, Ram Gupta, senior vice-president of products and technology.
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David Duffield, who founded PeopleSoft (PSFT:Nasdaq - news - research) and then returned to the company as chairman and CEO, has resigned.
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October 07, 2004 - The ongoing Oracle/PeopleSoft saga has seen a change of cast. Late last week, PeopleSoft announced that it has axed CEO Craig Conway, the former Oracle exec who has helmed PeopleSoft for
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December 30, 2004 - One day after PeopleSoft Chief Executive Dave Duffield resigned, Oracle announced that it has taken control of its rival, as 75 percent of PeopleSoft shareholders have tendered their shares.
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PeopleSoft founder David Duffield, who replaced fired CEO Craig Conway in October, quietly resigned effective Dec. 21, less than two weeks before Oracle is scheduled to close its buyout of its software-industry rival.
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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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PeopleSoft Inc. on Tuesday said  Chief Executive and Chairman Dave Duffield has resigned from  the business software maker, which agreed to a $10.3 billion  buyout by rival Oracle Corp. earlier this month.
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PeopleSoft Inc. agreed to be bought by Oracle Corp. for $10.3 billion, giving up an 18-month battle that pitted PeopleSoft against its shareholders, drove away customers and led to the ouster of its chief executive.
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Oracle may be the big winner in PeopleSoft&#39;s firing of CEO Craig Conway. PeopleSoft offered little convincing rationale for the ouster, and speculation centered on the possibility that it is