PeopleSoft trial draws media crowd
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Software giant Oracle Corp. began its legal battle with rival PeopleSoft Inc. in Delaware Chancery Court Monday, the first of two cases expected to bring the national business media to the state&#39;s famed court of equity this month.
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SAN FRANCISCO -- PeopleSoft Inc. is trying to create a party-like atmosphere at its annual customer conference, but this week's gathering may feel more like a wake with rival Oracle Corp.'s $7.7 billion takeover bid looming larger than ever.
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WILMINGTON, Del.  - The trial pitting software  giant Oracle Corp. ORCL.O against unwilling takeover target  PeopleSoft Inc. PSFT.O ended on Friday with a Delaware  judge's comment that recent developments seemed to have drawn  the bitter rivals closer together.
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The Wall Street rumor mill is working overtime, spinning off speculation about how soon a decision will be announced in the US government lawsuit aimed at blocking Oracle&#39;s (ORCL:Nasdaq - news - research) proposed takeover of PeopleSoft (PSFT:Nasdaq
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CEO Craig Conway&#39;s over-enthusiastic statements about the effect Oracle Corp&#39;s hostile takeover bid was having on PeopleSoft Inc&#39;s business contributed in part to his downfall, it was suggested in court yesterday.
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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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NEW YORK, November 16  - PeopleSoft&#39;s (PSFT.NAS) leading shareholders have disclosed different views on Oracle&#39;s (ORCL) $8.
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With PeopleSoft&#39;s stockholders tendering more than 60 percent of shares, Oracle&#39;s takeover bid looks poised for success. By Associated Press.
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As PeopleSoft Chief Executive Craig Conway tried to rally customer support Tuesday, even he had to admit that Oracle's &#36;7.7 billion hostile takeover bid is haunting his company.
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PeopleSoft Inc., in the midst of fighting a takeover bid from Oracle Corp., is &quot;in better shape&quot; because of the departures of Chief Executive Craig Conway and a senior technology official, a director testified.
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special coverage Assuming Oracle will win its antitrust suit, traders are scooping up PeopleSoft options.
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A PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) board member told a Delaware court on Tuesday that the software maker would consider a bid from its rival Oracle Corp.
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The research firm says the new CEO, PeopleSoft founder Dave Duffield, could rally the forces. By Laurie Sullivan. There&#39;s plenty of speculation about PeopleSoft Inc.
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PeopleSoft Inc. shares surged 15 percent as investors interpreted the ouster of the company&#39;s chief executive as a sign the company might now be willing to accept Oracle Corp.
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SEPTEMBER 21, 2004 (IDG NEWS SERVICE) - With 15,000 attendees at PeopleSoft Inc.&#39;s Connect 2004 user show waiting to hear how the company would handle Oracle Corp.
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Competitors say they are winning contracts over PeopleSoft because of concern about company's future.
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SAN FRANCISCOâDuring his Connect keynote address at PeopleSoft Inc.&#39;s user conference here on Tuesday, CEO Craig Conway pulled all the heartstringsâincluding a round of applause for former PeopleSoft founder Dave Duffield, who was strategically