A PeopleSoft board member testified Monday that former CEO Craig Conway was fired in large part because of his reckless exaggeration to Wall Street analysts when informing them last year that Oracle's offer to buy the company was no longer a disruptive influence.
PeopleSoft Chief Executive Craig Conway on Monday continued the war of words in his company's battle to fend off a hostile bid from rival Oracle.
European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.
PeopleSoft may be willing to be bought by Oracle, after all--if the price is right.
U.S. Department of Justice officials announced on Thursday that they will challenge Oracle's hostile US$9.4 billion takeover bid for PeopleSoft, dealing a major blow to the controversial deal.
Oracle on Friday announced a surprise US$5.1 billion takeover bid for enterprise software maker PeopleSoft, only a few days after PeopleSoft said it was acquiring rival J.D. Edwards for $1.7 billion.
Increasing competitive pressure from SAP and the entry of Microsoft into the business applications market spurred Oracle to launch its hostile bid for PeopleSoft last year, Oracle CEO Larry Ellison testified on Wednesday.
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
The US Justice Department charges have been rejected, making way for Oracle's US$7.7 billion PeopleSoft merger. What does the future hold? Additional reading: New twist in software licensing
Trial pitting Oracle against PeopleSoft turns into mating ritual of sorts, as sides quibble over money.
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