Oracle names proposed PeopleSoft board
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Oracle has named four candidates that it plans to nominate to the board of PeopleSoft, as it pushes forward with its efforts to try to take control of the rival company.
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A PeopleSoft Inc. PSFT.O board  member told a Delaware court on Tuesday that the software maker  would consider a bid from its rival Oracle Corp. ORCL.O  provided the price was right and a deal closed quickly.
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PeopleSoft Inc. Chief Executive Officer (CEO) and President Craig Conway was shown the door on Friday by the company&#39;s board of directors, who immediately replaced him with Dave Duffield, PeopleSoft&#39;s founder and chairman.
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Four executives of PeopleSoft Corp. were replaced by officers of Oracle Corp., which is working to complete a &#36;10.3-billion acquisition of its business software rival, according to a regulatory filing Thursday.
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Software maker Oracle Corp.  ORCL.O on Wednesday said it will let PeopleSoft Inc. PSFT.O  shareholders decide for themselves whether to accept Oracle's  $8.8 billion hostile takeover bid after learning that  PeopleSoft's board of directors will reject it.
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Time to toss your PeopleSoft (nasdaq: PSFT - news - people ) contact list. Four executives at the software company have been replaced by counterparts from Oracle (nasdaq: ORCL - news - people ), which is wrapping
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Philip Crawford is appointed as Chairman, bringing experience from several previous executive level positions including VP at Oracle.
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PeopleSoft&#39;s board ousted Craig Conway as chief executive last week after learning why he misled Wall Street analysts about the impact on his company&#39;s business of Oracle&#39;s hostile takeover bid.
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Peoplesoft nominates its four current directors for seats on the company board as it bids to thwart a takeover by Oracle.
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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.
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PeopleSoft's board rejects Oracle one last time. Or does it?
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InfoWorld - PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of &#36;24 per share. Oracle CEO Larry Ellison quickly responded, saying the offer is final and that it is now up to PeopleSoft's shareholders to make a determination.
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PLEASANTON, Calif. --(Business Wire)-- Nov. 20, 2004 -- PeopleSoft, Inc. (Nasdaq:PSFT) today sent a letter to Lawrence Ellison, Chief Executive Officer and Jeffrey Henley, Chairman of Oracle Corporation (Nasdaq: ORCL).
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BRUSSELS  - Outgoing EU competition commissioner Mario Monti wants to reach a decision on Oracle`s proposed takeover of business software rival PeopleSoft by the end of next month, an official said.
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PeopleSoft Inc. , which is trying to fight off a hostile takeover by rival Oracle Corp. , on Friday said its board had ousted President and Chief Executive Craig Conway due to "a loss of confidence" in his ability to lead the software company.
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PeopleSoft Inc. Chief Executive Officer (CEO) and President Craig Conway was shown the door on Friday by the company's board of directors, who immediately replaced him with Dave Duffield, PeopleSoft's founder and chairman.
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Software company Oracle (ORCL) said Wednesday it plans to nominate four candidates for election in 2005 to the board of its rival and takeover target PeopleSoft (PSFT).