Judge rejects PeopleSoft class action settlement
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The Delaware judge overseeing the legal wrangling there between PeopleSoft (Profile, Products, Articles) and hostile suitor Oracle (Profile, Products, Articles) rejected on
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A federal bankruptcy judge in New York yesterday denied Enron Corp.&#39;s request to block a lawsuit by a federal agency seeking to take control of the company&#39;s pension plans.
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The Supreme Court on Tuesday rejected an appeal by Enron Corp investors seeking to proceed with a $40 billion class-action lawsuit against investment banks like Merrill Lynch & Co Inc that put together financing deals for the now defunct energy trader.
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The PeopleSoft board has rejected Larry Ellison &quot;best and final&quot; $8.8 billion hostile takeover offer, leaving the Oracle chief executive with no choice but to appeal directly to PeopleSoft shareholders.
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Business software maker PeopleSoft Inc. on Saturday said its board again rejected Oracle Corp.'s &#36;9.2 billion tender offer, remaining defiant a day after most of its shares were tendered to Oracle.
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The board of PeopleSoft Inc. yesterday rejected Oracle Corp.'s &#36;24-a-share hostile takeover bid as too cheap, but said it was open to a deal at a higher price.
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Business software maker  PeopleSoft Inc. on Saturday said its board again rejected  Oracle Corp.'s $9.2 billion tender offer, remaining defiant a  day after most of its shares were tendered to Oracle.
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A U.S. federal judge on Thursday gave Oracle Corp. a green light to proceed with its hostile bid to take over rival business software maker PeopleSoft Inc., rejecting the government's bid to block the &#36;7.7 billion deal.
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Peoplesoft rejects a takeover bid from rival Oracle for the sixth time in the last 18 months calling the offer "inadequate".
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The federal judge hearing the SCO Group's suit against IBM (NYSE: IBM) has denied IBM's motion for a partial summary judgment. If granted, the declaration likely would have ended the courtroom wrangle.
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Oracle is one step closer to taking over rival PeopleSoft now that a federal judge has ruled against the federal government&#39;s effort to thwart the $7.
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SAN FRANCISCO/WASHINGTON  - A U.S. federal judge  on Thursday gave Oracle Corp. a green light to proceed with its  hostile bid to take over rival business software maker  PeopleSoft Inc., rejecting the government's bid to block the  $7.7 billion deal.
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According to wire services, US District Judge Leonie Brinkema rejected a claim by auto insurance giant Geico, which argued that Google should not be allowed to sell ads to rival insurance companies that appear whenever Geico&#39;s name is typed into the
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PeopleSoft's board of directors today rejected Oracle's latest $24-per-share "best and final offer" for the company, leaving the outcome in the hands of PeopleSoft shareholders.
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The Supreme Court on Tuesday rejected an appeal by Enron Corp investors seeking to proceed with a $40 billion class-action lawsuit against investment banks that put together financing deals for the energy trader, which collapsed in 2001.
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PeopleSoft Inc. PSFT.O on Tuesday  denied an analyst report that its executives recently met with  Oracle Corp. ORCL.O, the rival software vendor that last year  launched a hostile bid for PeopleSoft.
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The Delaware Chancery Court judge who is hearing the PeopleSoft case issued a summary judgment that Oracle&#39;s chief executive and chairman did not engage in insider trading during 2001.