Does PeopleSoft reshuffle have implications for Oracle bid?
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He was replaced by the company&#39;s founder and chairman, Dave Duffield, who served as chief executive from PeopleSoft&#39;s incorporation in 1987 through 1999, when he turned the reins over to Conway.
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[Wilmington, Delaware | Reuters News Service, 11 October 2004] - Oracle chief executive Larry Ellison said on Friday that Oracle has talked about revising its $21-per-share offer to buy rival PeopleSoft, but he dented Wall Street expectations by saying
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Oracle Corp. Chief Executive Officer Larry Ellison said Friday his company is considering lowering its $21-per-share offer for PeopleSoft Inc.
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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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Much has been said about the impact Oracle's (Nasdaq: ORCL) acquisition of PeopleSoft (Nasdaq: PSFT) is likely to have on the enterprise software market. The U.S. Justice Department thought it would have an adverse effect, creating a de facto monopoly. A federal judge thought otherwise, though, as did the European Commission.
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Oracle Corp. raised the stakes in its hostile bid for PeopleSoft Inc. Monday by increasing its offer to $24 per share, boosting the value of the proposed merger to $9.
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SEPTEMBER 23, 2004  - SAN FRANCISCO -- Embattled PeopleSoft Inc. is offering a sweetener to customers to migrate to the latest versions of its products, hopefully allowing it to close more sales
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Oracle Corp. on Monday said it asked Peoplesoft Inc.&#39;s board of directors to rescind an anti-takeover provision, two days after a majority of PeopleSoft shareholders tendered their
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To hear Oracle (Nasdaq: ORCL) tell it, PeopleSoft (Nasdaq: PSFT) users, as well as its stockholders, are becoming more comfortable with -- or at least resigned to -- the idea of Oracle's proposed acquisition of the enterprise software company.
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Oracle Corp. ORCL.O will announce  layoffs at PeopleSoft Inc. on Friday to integrate the recently  acquired company into the world's second-largest business  software maker, Oracle's CFO said on Tuesday.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.
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Oracle Corp. was not the only beneficiary of a federal judge's ruling late Thursday that it could proceed with its $7.7 billion hostile takeover bid for software rival PeopleSoft Inc. Yesterday, the stock prices of numerous software firms surged during widespread speculation that the antitrust ruling could spark a wave of consolidation in the industry.
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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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The software maker has indicated it could abandon the hunt for PeopleSoft if it does not win support for a tender offer.
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Two of PeopleSoft's largest shareholders indicated Tuesday that they would split on supporting Oracle's &#36;8.8 billion takeover bid for its business software rival, plunging the deal into uncertainty.
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Oracle Corp. recently learned that PeopleSoft will reject Oracle&#39;s $24.00 a share- its best and final offer. The cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc.
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Oracle Corp. on Monday said it  asked Peoplesoft Inc.'s board of directors to rescind an  anti-takeover provision, two days after a majority of  PeopleSoft shareholders tendered their stock in favor of  Oracle's $9.2 billion hostile offer.