Oracle to PeopleSoft: Redeem Poison Pill
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Oracle Corp. on Monday said it has asked Peoplesoft Inc.&#39;s board of directors to immediately redeem the company&#39;s poison pill, two days after 61 percent of PeopleSoft shareholders tendered
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PeopleSoft Inc. on Monday agreed to a  sweetened $10.3 billion buyout by rival software maker Oracle  Corp., relenting after a bitter, 18-month takeover saga marked  by personal insults, courtroom battles and the ouster of  PeopleSoft's chief executive.
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Ellison&#39;s revenge. Redux. After waging acquisition war on takeover target PeopleSoft for 16 months, software giant Oracle (nasdaq: ORCL - news - people ) may add insult to what some perceive as injury, again.
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Oracle will try to prove that PeopleSoft's directors acted irresponsibly in rejecting Oracle's $7.7 billion tender offer.
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September 23, 2004 - PeopleSoft this week became the latest vendor converted by IBM&#39;s WebSphere gospel. The enterprise software giant announced from its Connect 2004 user conference that it has entered a
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To hear Oracle (Nasdaq: ORCL) tell it, PeopleSoft (Nasdaq: PSFT) users, as well as its stockholders, are becoming more comfortable with -- or at least resigned to -- the idea of Oracle's proposed acquisition of the enterprise software company.
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Oracle made its âbest and finalâ offer of $24 per share of PeopleSoft today (November 1). The all-cash offer values PeopleSoft at $9.
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Dec-14-2004 - After an emotional and often bitter 18-month battle, PeopleSoft Inc. agreed to be acquired by Oracle Corp.
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PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of $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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Oracle Corp. on Monday said it asked  Peoplesoft Inc.'s board of directors to immediately rescind a  "poison pill" anti-takeover provision, two days after 61  percent of PeopleSoft shareholders tendered their stock in  favor of Oracle's $24-a-share hostile offer.
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By Richard Waters in San Francisco and Paul Taylor in New York. PeopleSoft succumbed to a sweetened $10.3bn (Â£5.22bn) takeover offer from Oracle yesterday, putting an end to a bitter 18- month battle that
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In testimony that he recorded in August as preparation for Oracle&#39;s &quot;poison pill&quot; lawsuit against PeopleSoft, former CEO Craig Conway admitted he lied to investors about the state of the company&#39;s
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Oracle Corp. on Monday said it asked Peoplesoft Inc.&#39;s board of directors to immediately rescind a &quot;poison pill&quot; anti-takeover provision, two days after 61 percent of PeopleSoft shareholders
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Oracle&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft for $7.7bn (Â£4.3bn) is set to continue for a bit longer.
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_ Oracle Corp. finally scooped up bitter rival PeopleSoft Inc. after 18 months of legal and verbal strife, ending a nasty feud with a $10.3 billion deal that promises to shake up the business software industry.
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NEW YORK, October 4  - PeopleSoft&#39;s (PSFT.NAS) former CEO, Craig Conway, has accepted to have lied when he told investors last year that Oracle&#39;s $7.
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NOVEMBER 19, 2004 (IDG NEWS SERVICE) - The midnight expiration of Oracle Corp.&#39;s tender offer to PeopleSoft Inc.&#39;s shareholders for control of the company will either end the software rivals&#39; bitter, 17-month battle tonight -- or increase its ferocity.