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Oracle, DOJ gear up for merger trial







Oracle, DOJ gear up for merger trial

Oracle, DOJ gear up for merger trial 06/03/2004 08:30 PM

SAN FRANCISCO - Oracle Corp. and the U.S. Department of Justice are heading to court Monday to do battle over Oracle's hostile takeover bid for PeopleSoft Inc., a deal the government says would choke competition in the enterprise applications market and lead to higher prices for customers.




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Oracle, DOJ gear up for merger trial

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Oracle Corp. and the U.S. Department of Justice (DOJ) filed their closing trial briefs late Tuesday in the government's case to block Oracle Corp.'s hostile takeover of PeopleSoft Inc., paving the way for closing arguments next week.

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Rattled by Oracle's hostile takeover bid for PeopleSoft, IBM considered making defensive investments in other software makers and lobbying the government to discourage other mergers, according to company documents released in court Thursday.

Oracle Claims Victory in Antitrust Trial


Oracle Claims Victory in Antitrust Trial 09/10/2004 03:00 PM
BPM Today Sep 10 2004 6:03PM GMT
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Oracle, DOJ gear up for merger trial

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