News (12)

  • PeopleSoft board rejects Oracle bid

    PeopleSoft board members today rejected Oracle's "best and final" offer in the often contentious 17-month hostile takeover battle. But the database software giant says it will still appeal to shareholders.

  • BEA to let Oracle $6.7bn offer expire

    BEA Systems is expected to let Oracle's US$6.7 billion buyout offer expire, as the two rivals dig their heels in deeper.

  • PeopleSoft: Conway was less than honest

    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 rejects lowered Oracle bid

    PeopleSoft's board of directors has rejected Oracle's lowered bid to take over the company, calling the price "inadequate."

  • Europe blesses Oracle-PeopleSoft union

    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.

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