US judge gives Oracle greenlight to pursue PeopleSoft
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After a three-month trial a US Federal Court judge has ruled that Oracle Corp.&#39;s hostile pursuit of bitter rival PeopleSoft Inc.
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After 18 months of playing hard to get, business software maker PeopleSoft (Nasdaq: PSFT) finally decided yesterday to glam itself up in the hope that suitor Oracle (Nasdaq: ORCL) might give it one more look.
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SAN FRANCISCO, SEPTEMBER 22: Peoplesoft Inc will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corpâs $7.
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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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PeopleSoft Inc. will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corp.
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CHICAGO/SAN FRANCISCO  - Options traders have been  building bullish positions in PeopleSoft Inc.  PSFT.O as  investors bet a federal judge will approve Oracle Corp.'s  hostile takeover bid of the business software maker, traders  said on Monday.
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The U.S. judge in a trade secrets  case brought by Oracle Corp  against arch rival SAP AG   on Tuesday called for speedy resolution of the  dispute and encouraged the sides to consider mediation.
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A U.S. federal judge on Thursday gave Oracle Corp. a green light to proceed with its hostile bid to take over rival business software maker PeopleSoft Inc., rejecting the government's bid to block the &#36;7.7 billion deal.
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During a scheduling hearing Wednesday, the judge overseeing Oracle&#39;s attempt to overturn PeopleSoft&#39;s takeover defenses said he wants to know exactly why PeopleSoft has turned down Oracle&#39;s offer again.
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Less than two weeks after US District Judge Vaughn Walker gave Oracle an important victory over the Justice Department, PeopleSoft Inc.
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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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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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Judge rejects Justice Department charges, allowing Oracle's hostile bid for PeopleSoft to continue.
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Software stocks rose on Friday on  speculation there may be more mergers in the industry after a  U.S. judge allowed Oracle Corp. to proceed with its takeover of  rival PeopleSoft Inc.
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The European Commission approved US software company Oracle&#39;s 7.7 billion-dollar takeover bid for its American rival in the business software market Peoplesoft on Tuesday.
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EU approval of the Oracle-PeopleSoft deal would mirror events that have occurred in the United States, where the Justice Department had argued in favor of blocking of the bid but a court in San Francisco overturned the recommendation.
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Oracle Corp. won permission yesterday from a federal judge to proceed with its $7.7 billion hostile bid for PeopleSoft Inc. , reviving a battle that PeopleSoft said drove customers to competitors.