PeopleSoft Ousts CEO in Oracle Battle
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In Oct 1 story headlined "PeopleSoft Ousts CEO Amid Oracle Battle," please read in paragraph 16 ... originally offering &#36;16 a share ... instead of ... originally offering &#36;19.50 a share ...
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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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PeopleSoft Inc.&#39;s board fired Craig Conway as its chief executive after hearing him explain why he made a misleading statement about the business software maker&#39;s ability to close sales while fighting rival Oracle Corp.
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PeopleSoft Inc. capitulated to Oracle Corp., accepting a sweetened $10.3 billion takeover offer to end an 18-month battle that pitted PeopleSoft against its investors and led to the ouster of its chief executive.
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In a surprise move, PeopleSoft today fired its president and chief executive officer, Craig Conway, citing a "loss of confidence."
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In Oct 1 story headlined "PeopleSoft Ousts CEO Amid Oracle  Battle," please read in paragraph 16 ... originally offering  $16 a share ... instead of ... originally offering $19.50 a  share ...
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PeopleSoft Inc. fired Chief Executive Officer Craig Conway, raising the likelihood the business- software maker will give up its 16-month fight against Oracle Corp.
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NEW YORK: PeopleSoft yesterday sacked Chief Executive and president Craig Conway, citing a loss of confidence, and the software company&#39;s shares jumped on expectations that the move could pave the way for a deal with hostile bidder Oracle.
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PeopleSoft today said its board had ousted President and CEO Craig Conway due to "a loss of confidence" in his ability to lead the software company.
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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PeopleSoft Inc., the business software-maker, unexpectedly fired Craig Conway, its chief executive, dumping the feisty leader who engineered the company&#39;s dogged resistance to Oracle Corp.
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In NEW YORK story headlined "PeopleSoft ousts CEO amid  battle with Oracle," please read in paragraph 5, "Oracle  launched its surprise takeover bid in June 2003" ... instead of  "PeopleSoft launched .. )
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Business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) on Wednesday said it has taken control of rival PeopleSoft Inc.
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David Duffield has resigned as PeopleSoft's chief executive officer and chairman less than three months after taking over again as CEO at the company he founded and which is in the process of being acquired by rival Oracle.
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PeopleSoft Inc. PSFT.O on Friday  fired Chief Executive and President Craig Conway, citing a loss  of confidence, and the software company's shares jumped on  expectations that the move could pave the way for a deal with  hostile bidder Oracle Corp.
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PeopleSoft Chairman and CEO David Duffield has resigned from the company, effective Dec. 21, according to a filing Tuesday with the US Securities and Exchange Commission.
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PeopleSoft Inc.  on Tuesday said Chief Executive and Chairman Dave Duffield has resigned from the business software maker, which agreed to a &#36;10.3 billion buyout by rival Oracle Corp.  earlier this month.