News (6)

  • Oracle sees PeopleSoft profit declining

    PeopleSoft's financial condition may have deteriorated by as much as one-third since the start of the year, a top Oracle executive said Monday during courtroom testimony.

  • 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.

  • Oracle may be readying new PeopleSoft bid

    Oracle director Joseph Grundfest acknowledged during courtroom testimony Thursday that the company's US$21-a-share offer for PeopleSoft may not be its last.

  • 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.

  • Oracle e-mails urge scare tactics

    Three days before Oracle publicly announced its intention to buy PeopleSoft, the deal was already viewed as a way to sow seeds of doubt in the minds of PeopleSoft customers.

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Features and Case Studies (1)

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