PeopleSoft Shareholders Have Opposing Views on Oracle Bid
454606
PeopleSoftÂs top shareholder, Capital Guardian Trust, has decided to support OracleÂs $8.8 billion hostile takeover, but the No. 2 holder, Private Capital Management, has decided against it.
274393
With PeopleSoft stocksholders reportedly tendering some 60 percent of the company&#39;s shares, Oracle is pressing forward with its proposed hostile takeover.
21225
Senior executives at business software group PeopleSoft unanimously recommended that its shareholders reject a 8.8 billion dollar takeover bid from Oracle Corp, PeopleSoft said in a statement Wednesday.
41518
PeopleSoft Inc.&#39;s board of directors said Saturday it will not accept Oracle Corp.&#39;s bid to buy the company for $24 per share, even after 61 percent of the Pleasanton firm&#39;s investors endorsed the offer.
358055
Despite a clear-cut show of support among its shareholders to accept Oracle&#39;s hostile takeover bid, PeopleSoft&#39;s board is digging in for a fight.
189814
A majority of PeopleSoft (PSFT) shareholders are expected to support Oracle&#39;s (ORCL) takeover bid when they tender shares Friday night.
689283
special coverage Hostile bid for PeopleSoft hurts Oracle's image among IT professionals.
417006
Shareholders of PeopleSoft Inc. are discussing the possibility of a new lawsuit over the company's resistance to takeover overtures from Oracle Corp., a shareholder lawyer said Monday.
129851
Software maker Oracle Corp.  on Wednesday said it will let PeopleSoft Inc.  shareholders decide for themselves whether to accept Oracle's &#36;8.8 billion hostile takeover bid after learning that PeopleSoft's board of directors will reject it.
204884
PeopleSoft Inc.&#39;s board of directors urged company shareholders on Wednesday to reject Oracle Corp.&#39;s bid of $24 per share for the Pleasanton firm, casting more uncertainty on the 17-month takeover battle.
204941
PeopleSoft reiterated on Tuesday its opposition to a $7.7 billion takeover offer from Oracle after the European Union approved the bid, removing the last regulatory hurdle to a deal.
737663
PeopleSoft's board of directors rejected Oracle's &#36;9.2 billion takeover bid Wednesday, thrusting the business software maker's fate in the hands of its shareholders.
116355
Pleasanton based Peoplesoft says its board remains convinced that Oracleâs $24 a share bid is inadequate and the board says it will not sell the company for less than itâs worth.
290141
A great deal of speculation has surrounded Oracle's (Nasdaq: ORCL) 18-month attempt to acquire PeopleSoft (Nasdaq: PSFT).
365323
Business software maker Oracle Corp. attacked the credibility and motives of PeopleSoft Inc.'s board of directors Monday, hoping to rally investor support as the 17-month takeover battle between the bitter business software rivals nears a climactic showdown.
567490
PeopleSoft Inc.&#39;s shareholders have spoken: They want to sell their company to Oracle Corp. for $24 per share. In another victory for Oracle Chief Executive Officer Larry Ellison in his bid to buy PeopleSoft
201778
Oracle Corp.'s takeover tug-of-war with rival business software maker PeopleSoft Inc. intensified Tuesday as two shareholders who own nearly 20 percent of PeopleSoft's stock indicated they are prepared to line up on opposite sides of the battle lines.