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Oracle Bid on PeopleSoft Goes to Trial (washingtonpost.com)







Oracle Bid on PeopleSoft Goes to Trial
(washingtonpost.com)

Oracle Bid on PeopleSoft Goes to Trial
(washingtonpost.com)
06/05/2004 07:22 AM

washingtonpost.com - The Justice Department squares off against Oracle Corp. on Monday in a San Francisco courtroom, where the federal government plans to argue that the company's proposed $7.7 billion hostile takeover bid for PeopleSoft Inc. would hurt competition in the market for specialized business software.




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Oracle Bid on PeopleSoft Goes to Trial (washingtonpost.com)

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I thought the soap opera was over and I’d have to go cold turkey - but I guess I’m being let down easy…Free registration required to read the story. Business software maker Oracle Corp. (ORCL.O) on Wednesday said it has taken control of rival PeopleSoft Inc. (PSFT.O) now that about 75 percent of its rival’s shareholders have tendered their shares. PeopleSoft’s board earlier this month reluctantly agreed to a sweetened $10.3 billion buyout by Oracle,…

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Grok Description matches for Oracle Bid on PeopleSoft Goes to Trial (washingtonpost.com)
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Oracle Bid on PeopleSoft Goes to Trial (washingtonpost.com)

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