PeopleSoft &#39;Poison Pill&#39; Hearing on Ice
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A federal judge has postponed his decision on PeopleSoft&#39;s last hostile takeover defense against Oracle until next month. Delaware Chancery Court Judge Leo Strine said he would need more information from both
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October 06, 2004 - The opening of a trial related to Oracle&#39;s takeover bid of PeopleSoft featured the revelation that CEO Craig Conway was fired last week for making misleading statements about PeopleSoft&#39;s sales.
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WILMINGTON, Del.--PeopleSoft might have considered Oracle&#39;s takeover proposal more seriously if some of the terms were different, PeopleSoft&#39;s chairman said in a videotaped deposition played in a Delaware court on Tuesday.
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Last week's firing of Craig Conway as PeopleSoft's CEO, followed by testimony from a PeopleSoft director this week that he would be open to discussions with Oracle if the price was right, appears to have changed the dynamics between the two companies.
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PEOPLESOFT IS considering a bid from its rival Oracle now that its CEO, who opposed the deal, is out of the way. Peoplesoft director Steven Goldby told a Delaware court on Tuesday that the software maker would
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Judge may order more testimony over PeopleSoft&#39;s use of poison pills to thwart an Oracle takeover. WILMINGTON, Del.,  - The Delaware judge presiding over Oracle Corp.
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Testimony from a PeopleSoft board member has indicated that the company had been thinking about removing deposed CEO Craig Conway for some time.
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PeopleSoft Inc., in the midst of fighting a takeover bid from Oracle Corp., is &quot;in better shape&quot; because of the departures of Chief Executive Craig Conway and a senior technology official, a director testified.
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The ouster of Craig Conway and the return of Dave Duffield could be a prelude to PeopleSoft accepting Oracle's offer.
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Following its latest rejection, the next stage in Oracle&#39;s battle to buy PeopleSoft is set to begin in a courtroom on Wednesday.
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CEO Craig Conway&#39;s over-enthusiastic statements about the effect Oracle Corp&#39;s hostile takeover bid was having on PeopleSoft Inc&#39;s business contributed in part to his downfall, it was suggested in court yesterday.
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Vox populi: Oracle (nasdaq: ORCL - news - people ) attorney Michael Carroll says the firm will abandon its legal assault on PeopleSoft&#39;s (nasdaq: PSFT - news - people ) &quot;poison pill&quot; defenses--if investors fail to tender at least 50% of their shares by Nov
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Oracle Corp. may have won a major antitrust fight with the Justice Department last week over its proposed acquisition of PeopleSoft Inc.
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BRUSSELS  - Outgoing EU competition commissioner Mario Monti wants to reach a decision on Oracle`s proposed takeover of business software rival PeopleSoft by the end of next month, an official said.
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The judge who must decide whether PeopleSoft Inc.&#39;s corporate takeover defenses will stand up against a hostile takeover attempt by Oracle Corp.
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The vendor brings its E-Business Suite to North America to go against Microsoft&#39;s ERP software. By Laurie Sullivan. With the first phase of the high-profile PeopleSoft Inc.
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WILMINGTON, Del.âOracle Corp. opened its legal attack on PeopleSoft Inc.&#39;s takeover defences yesterday with charges that ousted chief executive Craig Conway lied to Wall Street analysts about the effect