News (5)

  • PeopleSoft, J.D. Edwards get antitrust OK

    US Federal regulators said on Monday that the pending merger of PeopleSoft and J.D. Edwards is not anticompetitive, clearing the way for the friendly US$1.7 billion deal and frustrating Oracle's desire to acquire PeopleSoft in a separate, hostile takeover bid.

  • States prep Oracle-PeopleSoft review

    Attorneys general from approximately 30 states this week ramped up their review of Oracle's US$6.3 billion unsolicited bid for PeopleSoft, according to sources.

  • Ellison may raise PeopleSoft offer

    Oracle CEO Larry Ellison on Tuesday left the door open to raising the share price offer in its hostile takeover bid for competitor PeopleSoft.

  • IBM rules out PeopleSoft white knight play

    A senior IBM executive has ruled out the technology heavyweight riding to the rescue of embattled applications software company PeopleSoft as it fights a US$7.3 billion hostile acquisition bid by Oracle.

  • 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.

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