Judge Rules Oracle Can Pursue PeopleSoft Takeover
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The ruling yesterday came more than 15 months after Oracle made its initial surprise offer for PeopleSoft. The past year has been marked by numerous legal maneuvers and verbal grenades tossed
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Thursday&#39;s pro-Oracle Corp. decision on the US Department of Justice&#39;s attempt to block Oracle&#39;s proposed takeover of PeopleSoft Inc.
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The European Union's competition commissioner could be ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft.
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The Delaware judge overseeing the legal wrangling there between PeopleSoft (Profile, Products, Articles) and hostile suitor Oracle (Profile, Products, Articles) rejected on
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WASHINGTON - The U.S. Department of Justice (DOJ) will not appeal a ruling by a California judge that would allow Oracle Corp.'s proposed hostile takeover of competing software vendor PeopleSoft Inc.
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Judge may order more testimony over PeopleSoft&#39;s use of poison pills to thwart an Oracle takeover. WILMINGTON, Del.,  - The Delaware judge presiding over Oracle Corp.
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Oracle&#39;s proposed takeover of Peoplesoft has hit another barrier. A Delaware judge has delayed his final ruling over Peoplesoft&#39;s poison pill defence, saying that he needs to hear more evidence.
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Oracle will continue its pursuit of PeopleSoft this week, asking a judge to dismantle one of the last obstacles to a deal.
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Oracle has won a round in its battle to take over rival PeopleSoft, as a Federal Court judge ruled that the acquisition does not violate antitrust regulations.
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European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.
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Oracle has made a huge step towards victory in its hostile takeover bid for rival business software company PeopleSoft, as the US federal courts rejected the Department of Justice&#39;s attempt to block the takeover bid.
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The judge who must decide whether PeopleSoft Inc.&#39;s corporate takeover defenses will stand up against a hostile takeover attempt by Oracle Corp.
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Oracle extended its $7.7 billion tender offer for all outstanding shares of PeopleSoft yet again on Thursday, as it waits for US District Court Judge Vaughn Walker to issue a decision in an antitrust lawsuit that aims to permanently block the buyout.
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While Oracle Corp. awaits a judge&#39;s decision on whether it can continue in its quest to acquire PeopleSoft Inc., the company faced a setback in an unrelated case.
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AN FRANCISCO, Sept. 10 - The federal court ruling issued Thursday that allows Oracle to proceed with its hostile bid to acquire PeopleSoft removes a major roadblock to the merger.
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Unless a Delaware judge clears the way for Oracle Corp. to buy PeopleSoft Inc. in the next few weeks, the Pleasanton firm&#39;s shareholders will have the final say about their company&#39;s fate on March 25.
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Oracle can pursue its 7.7 billion hostile takeover bid for rival business software maker PeopleSoft, a federal judge has ruled in a stunning setback for the US Justice Department.