DoJ Won&#39;t Appeal Oracle&#39;s Takeover Plans
76941
Oracle (Quote, Chart) advanced its plans to acquire PeopleSoft Friday after the US Department of Justice said it would not appeal a ruling on an antitrust case that tried to block the merger.
569872
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.
732835
A federal judge has ruled that Oracle can proceed with its bid to acquire PeopleSoft, saying that the merger would not stifle competition in the market.
500458
The Wall Street rumor mill is working overtime, spinning off speculation about how soon a decision will be announced in the US government lawsuit aimed at blocking Oracle&#39;s (ORCL:Nasdaq - news - research) proposed takeover of PeopleSoft (PSFT:Nasdaq
589261
Peoplesoft Inc does not believe Oracle Corp will back away if shareholders refuse what Oracle has stated is its last and best offer, and it is taking steps to engage in a proxy war next spring if need be.
629632
A PeopleSoft director testified on Tuesday that he would be open to considering Oracle's $7.7 billion offer. But, PeopleSoft executives said the company remains opposed.
264280
The Justice Department said Friday it will stop trying to block Oracle Corp.'s hostile &#36;7.7 billion takeover bid for rival business software maker PeopleSoft Inc.
369564
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.
180598
Microsoft&#39;s chief executive has ruled out acting as the white knight for business software maker PeopleSoft, which is trying to fight off a hostile takeover from Oracle, a newspaper reported Monday.
606913
Judge ruled that the Justice Department erred in seeking to block Oracle's proposed takeover of PeopleSoft, giving a boost to Oracle's efforts to snare its rival. -The Washington Post
463516
The Justice Department has decided to drop its legal efforts to block Oracle from moving ahead with its 15-month-old hostile takeover bid for rival PeopleSoft.
122861
Last week, US District Judge Vaughn Walker had the power to make Oracle&#39;s $7.7 billion hostile takeover bid disappear if he had ruled in favor of the Justice Department.
571857
While Oracle Corp. awaits a judge&#39;s decision on whether it can continue in its quest to acquire PeopleSoft Inc., the company faced a setback in an unrelated case.
64257
The U.S. Department of Justice said it will not seek to extend the restrictions placed on Microsoft&#39;s business practices following its antitrust settlement with the U.S. government in 2002.
570149
Oracle CEO Larry Ellison, testifying in a Delaware court as part of Oracle's efforts to get PeopleSoft to pull back anti-takeover measures, denied that his company is trying to kill off its smaller software rival.
447153
BRUSSELS, Belgium -- European Union regulators suggested Monday they are not bound by a US decision to allow Oracle Corp. to pursue its $7.
487764
Ziff Davis - In spite of having proclaimed itself a noncompetitor during the DOJ's trial against Oracle's takeover, Microsoft is wasting no time in offering migration services and hefty discounts to get PeopleSoft users onto its business management applications.