New trial in Oracle-PeopleSoft fight
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Less than a month after a federal court ruled that Oracle could pursue its hostile takeover of PeopleSoft, and almost immediately after PeopleSoft on Friday fired Craig Conway, its chief executive, the skirmish between the two companies is shifting to a
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The battle between Oracle and PeopleSoft is again at an impasse, with the possibility of a proxy fight that could continue into next spring.
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New trial reveals that the former CEO's exaggerations about the Oracle takeover bid led to his firing.
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The standoff between Oracle and PeopleSoft is once again at an impasse, as PeopleSoft&#39;s board refuses to sell the company at the price Oracle has offered, and Oracle refuses to raise its bid.
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Software giant Oracle Corp. began its legal battle with rival PeopleSoft Inc. in Delaware Chancery Court Monday, the first of two cases expected to bring the national business media to the state&#39;s famed court of equity this month.
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Oracle charged that PeopleSoft&#39;s ousted chief executive, Craig A. Conway, lied to analysts in telling them that the Oracle takeover bid was no longer a factor in PeopleSoft&#39;s ability to write new business.
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special coverage Assuming Oracle will win its antitrust suit, traders are scooping up PeopleSoft options.
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Ongoing battle between rival software makers enters new stage. Board has vowed to continue resistance. By Michael Liedtke. SAN FRANCISCO -- More than 60 percent of PeopleSoft Inc.
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SAN FRANCISCO Business software maker PeopleSoft has scheduled its annual meeting for March 25th. That sets the date for a potentially decisive showdown in a fierce battle to fend off rival Oracle&#39;s hostile takeover attempt.
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As Oracle Corp. prepares for another round of court hearings next week over its bid to take over PeopleSoft Inc., company Chief Executive Officer Larry Ellison took the stage Wednesday to elaborate on his
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TO the casual observer, Oracle v. PeopleSoft, the case unfolding in Delaware Chancery Court, is just the latest round in an ugly and long takeover fight between two software giants.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.
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Oracle has opened a new front in its 17-month battle to take over rival software company PeopleSoft, announcing a slate of nominees to challenge the existing board of directors at its annual meeting next year.
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Oracle has put up its &quot;best and final&quot; offer for PeopleSoft at US$24 per share. The new price is up $3 from Oracle&#39;s last offer, and is in excess of PeopleSoft&#39;s 52-week closing price high.
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All eyes are on a Delaware Chancery Court judge now that Oracle&#39;s lawsuit against PeopleSoft closed Friday. The two-weeks&#39; worth of testimony centered on Oracle&#39;s request that PeopleSoft (Quote, Chart) remove its Customer Assurance Program (CAP).
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Sure, the PeopleSoft board told shareholders to just say no. This battle will go down to the wire, and even afterward Ellison could prevail.
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A criminal trial scheduled to start today involving former Enron execs could shine a rare and potentially harsh spotlight on the inner workings of the investment banking business on Wall Street.