Ellison: PeopleSoft talked merger in 2000
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WILMINGTON, Del.--Oracle chief executive Larry Ellison testified Friday that he and his board of directors had come close to a merger with PeopleSoft in 2000, and had expected that last year&#39;s takeover bid would have been accepted within a matter of weeks
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After 18 months of conflict, a friendly merger deal has been struck between Oracle Corp. and PeopleSoft Inc. after the former raised its &quot;final&quot; offer by 10 per cent.
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PeopleSoft Inc. has scheduled its annual meeting for March 25, setting the date for a potentially decisive showdown in a fierce battle to fend off rival Oracle Corp.
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DECEMBER 15, 2004  - For the first time since closing a deal to purchase rival PeopleSoft Inc. for $13.3 billion, Oracle Corp.
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OCTOBER 08, 2004 (REUTERS) - Oracle Corp. CEO Larry Ellison said today that his company has talked about revising its current $21-per-share offer to buy rival PeopleSoft Inc.
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Oracle Corp. Chief Larry Ellison has long preached the virtues of consolidation in the software sector and some analysts say a key federal court decision could help to push his vision closer to reality.
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Finally! After 18 months, PeopleSoft Inc. has agreed to be acquired by Oracle Corp. for $26.50 a share in cash, or around $10.3 billion, after rebuffing several offers and being taken to court for instituting a controversial takeover defense.
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REDWOOD SHORES, Calif.  - Oracle Corp. ORCL.O  plans in a few years to combine Oracle and PeopleSoft business  software products in a challenge to market leader SAP AG  SAPG.DE, Oracle Chief Executive Larry Ellison said on  Tuesday.
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PeopleSoft Inc. won't discuss a sale to Oracle Corp. for a price of $24 per share, the company's board of directors Saturday told Oracle Chief Executive Officer (CEO) Larry Ellison in a letter.
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It may be one of the software industry&#39;s largest acquisitions to date, but Oracle expects to work out its merger plans with PeopleSoft by the end of the year and will &quot;hit
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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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One year ago at PeopleSoft Inc.'s Connect user conference, Chief Executive Officer Craig Conway took the stage to assure several thousand PeopleSoft customers that Oracle Corp.'s then three-month-old bid for control of PeopleSoft had failed. When he stands before the crowd at this year's Connect gathering later this month, he'll have a harder time making the case that Oracle's lingering campaign isn't harming PeopleSoft.
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No one can envy the position of PeopleSoft (Nasdaq: PSFT) executives as they enter their annual Connect user conference this week. Last year's show was dominated by speculation over Oracle's (Nasdaq: ORCL) hostile takeover bid for the company -- a prospect they hoped would be squelched by this year.
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A great deal of speculation has surrounded Oracle's (Nasdaq: ORCL) 18-month attempt to acquire PeopleSoft (Nasdaq: PSFT).
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BusinessWeek Online - For more than a year, PeopleSoft Inc.  CEO Craig Conway has battled to prevent Oracle Corp.'s  Larry Ellison from grabbing his company in a hostile takeover. Now, Conway's spirited quest has absorbed a potentially fatal blow: On Sept. 9, U.S. District Court Judge Vaughn R. Walker ruled that the Justice Dept. had no grounds to block the acquisition. While the European Community could still stop it, the legal case for halting this shotgun wedding is looking weaker by the day.
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LARRY ELLISON, the chief executive of Oracle, has raised his offer to buy PeopleSoft by more than $1 billion, marking what could be the final salvo in a 17-month bidding war.
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PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of $24 per share. Oracle CEO Larry Ellison quickly responded, saying the offer is final and that it is now up to PeopleSoft's shareholders to make a determination.