Oracle Announces PeopleSoft Board Slate
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Oracle (ORCL:Nasdaq - news - research) delivered on its promise that it would produce a slate of directors for nomination at PeopleSoft&#39;s (PSFT:Nasdaq - news - research) annual shareholder meeting next spring, but PeopleSoft repeated its mantra that the
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&quot;The board concluded that PeopleSoft is worth substantially more than Oracle&#39;s latest offer. We are a vibrant, strong company with a focused, motivated management
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Oracle Corp.  will announce layoffs at PeopleSoft Inc. on Friday to integrate the recently acquired company into the world's second-largest business software maker, Oracle's CFO said on Tuesday.
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Oracle Corp.  has replaced PeopleSoft Inc.'s  co-presidents, after taking control of the rival software maker earlier this week, according to a regulatory filing.
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SAN FRANCISCO (CBS.MW) -- PeopleSoft Inc. founder Dave Duffield has resigned his posts as chairman and chief executive officer of the Pleasanton, Calif.
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PeopleSoft Inc.&#39;s board of directors unanimously rejected Oracle Corp.&#39;s takeover offer Saturday, Nov. 20, only hours after PeopleSoft stockholders tendered a majority of their shares in favor of the deal.
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Peoplesoft nominates its four current directors to retain their seats on the company board as it bids to see off a takeover by Oracle.
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Oracle Corp. plans to nominate four candidates for election to rival PeopleSoft Inc.'s board of directors as part of its battle to acquire the rival software company.
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PeopleSoft CEO Craig Conway says PeopleSoft&#39;s board will consider the implications of the court decision in Oracle&#39;s antitrust.
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Oracle has officially taken control of PeopleSoft Inc. after purchasing the 75% of PeopleSoft stock tendered by the application vendor&#39;s shareholders, Oracle disclosed early Wednesday.
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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 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.
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , which is trying to fight off a hostile takeover by rival Oracle Corp. (ORCL.O: Quote, Profile, Research) , on Friday said its board
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- SAN FRANCISCO  - Oracle Corp. Friday said a majority of PeopleSoft Inc. shares have been tendered for its $24-a-share offer, strengthening Oracle&#39;s
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Clarifying its application strategy, Oracle said it plans to release a new application suite that will serve as a migration point for customers on all three of its application platforms.
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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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Oracle has announced that, as of midnight (US Eastern Standard Time) on Friday 19 November, 228,702,471 shares of PeopleSoft common stock, representing more than 60 per cent of the outstanding shares, had been validly tendered in support of its all-cash