PeopleSoft Ousts CEO in Oracle Battle
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In Oct 1 story headlined "PeopleSoft Ousts CEO Amid Oracle Battle," please read in paragraph 16 ... originally offering &#36;16 a share ... instead of ... originally offering &#36;19.50 a share ...
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In the wake of a 15-month-long battle for its life, PeopleSoft Inc.&#39;s board of directors fired CEO Craig Conway Friday morning.
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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PLEASANTON, Calif. - Business software maker PeopleSoft Inc. unexpectedly fired CEO Craig Conway, dumping the feisty leader who engineered the company&#39;s dogged resistance to Oracle Corp.
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PeopleSoft Inc. on Tuesday said  Chief Executive and Chairman Dave Duffield has resigned from  the business software maker, which agreed to a $10.3 billion  buyout by rival Oracle Corp. earlier this month.
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PeopleSoft founder David Duffield, who tried to keep the company from being acquired by Oracle, returned as CEO after Craig Conway was fired in October.
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Oracle Corp., the world&#39;s second-largest software firm, made what it called its last and best offer for rival PeopleSoft Inc. on Monday in a takeover battle that has now raged for almost a year and a half.
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Within two weeks of the firing of CEO Craig Conway, business applications vendor PeopleSoft Inc. has seen the departure of another top executive, Ram Gupta, executive vice president of products and technology.
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PeopleSoft's board ousted Craig Conway as CEO after he made a misleading statement about the company's ability to recruit customers while fending off Oracle's &#36;7.7 billion hostile takeover bid, a PeopleSoft board member testified in court Monday.
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PeopleSoft Inc. said Friday it had fired CEO Craig Conway, raising the possibility that the company, which until now has fought fiercely for its independence, will succumb to Oracle Corp.
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PLEASANTON, Calif. PeopleSoft&#39;s board of directors said it srejected Oracle Corp.&#39;s nine-point-two (b) billion dollar takeover bid Saturday.
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On 1 October 2004, PeopleSoft&#39;s board of directors terminated Conway as president and CEO, citing a &quot;loss of confidence&quot; in his ability to lead the company.
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Craig Conway has been fired as chief executive officer of business software maker PeopleSoft, Inc., of Pleasanton. The firing &quot;resulted from a loss of confidence in Mr.
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PeopleSoft Inc. capitulated to Oracle Corp., accepting a sweetened $10.3 billion offer to end an 18- month battle that pitted PeopleSoft against its shareholders and led to the ouster of its chief executive.
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PeopleSoft said Friday that it had fired its chief executive, Craig Conway, a move that some analysts said raised the likelihood that the maker of business software would give up its 16-month fight against Oracle&#39;s $7.
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PeopleSoft Inc. PSFT.O on Friday  fired Chief Executive and President Craig Conway, citing a loss  of confidence, and the software company's shares jumped on  expectations that the move could pave the way for a deal with  hostile bidder Oracle Corp.
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NOVEMBER 29, 2004  - Embattled ERP software vendor PeopleSoft Inc. last week refused to capitulate in its long-running battle with potential purchaser Oracle Corp.