Oracle wages proxy battle for control of PeopleSoft
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Oracle nominated four candidates to serve as directors of PeopleSoft&#39;s board and said it would fight for control of the company at its annual meeting next year.
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SAN FRANCISCO Oracle is trying to turn up the pressure in its long-running takeover attempt of PeopleSoft. Yesterday two of Oracles top executives -- co-president Safra Catz and chief financial officer Harry
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WALNUT CREEK, Calif. - Oracle Corp. executives, lobbying investors to support the company&#39;s $9.2 billion hostile takeover bid, came out swinging Monday against PeopleSoft Inc.
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A group of PeopleSoft shareholders has asked that a Delaware judge order the company&#39;s board to negotiate with rival software maker Oracle, which is trying to acquire PeopleSoft for $8.
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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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The battle for who will ultimately control business software maker PeopleSoft (Nasdaq: PSFT) is reaching a fever pitch not seen since the red state-blue state smackdown from earlier this month.
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Oracle Corp. said on Wednesday it has  taken control of PeopleSoft Inc., now that about 75 percent of  shareholders of the rival software maker have tendered their  shares.
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Oracle, the American corporate software giant, has admitted it is feeling the pressure of its protracted takeover battle for PeopleSoft, saying that it was worried that valuable staff were starting to leave its acquisition target.
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Oracle Corp. said on Wednesday it has taken control of PeopleSoft Inc., now that about 75 percent of shareholders of the rival software maker have tendered their shares.
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Oracle may be breathing fire down its neck with an ongoing hostile takeover effort, but PeopleSoft is trying to withstand the siege and stay independent.
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Oracle's attempt to buy rival software producer Peoplesoft hangs in the balance as investors consider its $9.2bn takeover offer ahead of Saturday's deadline.
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Oracle Corp.&#39;s $24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight&#39;s deadline for stockholders to offer their shares for sale approached.
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PeopleSoft (PSFT) CEO Craig Conway isn&#39;t about to go down without a fight in his company&#39;s takeover tussle with rival Oracle (ORCL).
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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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Despite the overwhelming number of shares tendered to Oracle, the target&#39;s board won&#39;t budge. Final stop: A proxy battle? Larry Ellison &amp; Co.
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Business software maker Oracle Corp. is trying to sway the outcome of its &#36;9.2 billion bid for PeopleSoft Inc. by meeting directly with its rival's major shareholders, hoping to persuade them the all-cash offer is their best remaining option.
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NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.