News (18)

  • Oracle wins PeopleSoft shareholder vote

    Oracle chalked up a key victory Friday in its battle to acquire PeopleSoft, with investors agreeing to sell the suitor 60 percent of PeopleSoft's outstanding shares.

  • PeopleSoft shareholders support CEO

    PeopleSoft investors voted overwhelmingly to re-elect the company's board of directors on Thursday, giving the software maker some breathing room in its battle to avert Oracle's hostile takeover bid.

  • PeopleSoft sets date for boardroom tug-of-war

    PeopleSoft set the stage for a tussle with Oracle for boardroom control by announcing on Friday that it will hold an annual shareholder meeting and director election on March 25.

  • PeopleSoft rejects revised Oracle bid

    PeopleSoft's board of directors has rejected Oracle's revised hostile bid, saying it believes the company is worth more than US$26 a share.

  • PeopleSoft urges Oracle nominee rejections

    In a letter to shareholders, PeopleSoft chief executive Craig Conway defended his company's rejection of a hostile US$9.4 billion buyout bid from Oracle and asked shareholders to reject Oracle's attempt to gain control of its board.

More News >

Features and Case Studies (3)

  • Conway or the highway

    The board is only telling half the story behind the surprise firing of PeopleSoft's CEO.

  • Hey Larry, is it worth it?

    When all is said and done, CNET News.com's Charles Cooper asks whether the hostile bid to acquire PeopleSoft is smart or just silly.

  • Oracle considered other acquisition targets

    As early as spring last year, Oracle considered Lawson Software and J.D. Edwards as acquisition targets, according to a videotaped deposition of Oracle's chief financial officer.

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