Oracle in charge at PeopleSoft
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: Oracle Corp said on Wednesday it has taken control of PeopleSoft Inc, now that about 75 per cent of shareholders of the rival software maker have tendered their shares.
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Business software maker Oracle  Corp. ORCL.O will do everything it can to support PeopleSoft  Inc. PSFT.O customers, who are vital to the success of  Oracle's proposed $9.2 billion takeover of PeopleSoft, Oracle  Co-Founder and Chief Executive Larry Ellison said on Wednesday.
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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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Oracle nominated four candidates to serve as directors of PeopleSoft&#39;s board and said it would fight for control of the company at its annual meeting next year.
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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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Oracle has won a round in its battle to take over rival PeopleSoft, as a Federal Court judge ruled that the acquisition does not violate antitrust regulations.
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WASHINGTON : After a bitter 18-month battle Oracle Corp has succeeded in taking control of more than 60 percent of outstanding shares of rival business software group PeopleSoft, but obstacles to the hostile takeover remain.
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The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7 billion (4.
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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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Oracle (Quote, Chart) has taken majority ownership of PeopleSoft (Quote, Chart) after that company&#39;s stockholders tendered roughly 75 percent of their shares in favor of the $10.3 billion acquisition.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) has replaced PeopleSoft Inc.&#39;s (PSFT.O: Quote, Profile, Research) co-presidents, after taking control of the rival software maker earlier this week, according to a regulatory filing.
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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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After an 18-month takeover saga, which included courtroom battles and the ouster of PeopleSoft&#39;s chief executive, Oracle Corp.
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Oracle Corp.  said on Wednesday it has taken control of PeopleSoft Inc. , now that about 75 percent of PeopleSoft's shareholders have tendered their shares.
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Oracle Corp. ORCL.O has replaced  PeopleSoft Inc.'s PSFT.O co-presidents, after taking control  of the rival software maker earlier this week, according to a  regulatory filing.
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Oracle Corp., now in the process of digesting its rival PeopleSoft Inc., did a top executive reshuffle in time for the new year, according to documents filed with the SEC.
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NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.