Oracle finally has control of PeopleSoft (USATODAY.com)
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Oracle finally has control of PeopleSoft
Oracle finally has control of PeopleSoft
12/30/2004 09:08 AMUSA Today Dec 30 2004 1:13PM GMT
Oracle takes control of PeopleSoft --
finally (AFP)
Oracle takes control of PeopleSoft --
finally (AFP)
12/29/2004 01:58 PMAFP - Business software group Oracle Corp. announced that it had taken
control of rival PeopleSoft by grabbing 75 percent of its stock,
ending a rancorous 18-month struggle.
Oracle Buying PeopleSoft...Finally
Oracle Buying PeopleSoft...Finally
12/19/2004 03:18 PMAP: Ora
cle, PeopleSoft to merge in $10.3B deal. The agreement,
announced Monday, caps a rancorous Silicon Valley feud marked by
churlish exchanges between the companies' management teams and
colorful courtroom battles.
There's something
anticlimatic about all this. It was a given, once the U.S. antitrust
lawsuit against the deal failed, that a buyout would happen unless a
white knight showed up to buy PeopleSoft.
Let's be clear on at least one point. This deal is not likely to be
helpful to PeopleSoft customers, no matter how Oracle spins it. It's
probably good for Oracle, which is bulking up to fight what it quite
plausibly believes is the battle of the titans -- including SAP now
and Microsoft later -- in the future of software.
Oracle has been right to pursue consolidation in its particular field.
That's clearly the way the world is going. But pretenses about value
for customers should be taken with enormous grains of salt.
The posturing -- the kindest word I can come up with -- from both
companies during this drawn-out process has been unattractive, to say
the least. Shareholders, customers, rank-and-file employees and the
communities where the companies operate have witnessed the kind of
corporate behavior, exemplified by CEO trash-talking (and worse), that
takes away our confidence, not enhances it.
More later today...
Oracle Says It Has Control of PeopleSoft
Oracle Says It Has Control of PeopleSoft
12/30/2004 12:38 AMI 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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'Oracle Says It Has Control of PeopleSoft'
Oracle Gains Control of PeopleSoft (AP)
Oracle Gains Control of PeopleSoft (AP)
12/29/2004 07:36 AMAP - Software giant Oracle Corp. said Wednesday that stockholders of
rival PeopleSoft Inc. have tendered about 75 percent of the company's
outstanding shares, granting Oracle control of the company.
Oracle Takes Control of PeopleSoft
Oracle Takes Control of PeopleSoft
12/29/2004 11:59 AMOracle gains control of PeopleSoft after it receives tender offers
from the holders of 75 percent of the outstanding shares.
Oracle Gains Control Of PeopleSoft
Oracle Gains Control Of PeopleSoft
12/29/2004 10:14 PMComputer Reseller News Dec 30 2004 1:48AM GMT
Oracle Says Takes Control of PeopleSoft
(Reuters)
Oracle Says Takes Control of PeopleSoft
(Reuters)
12/29/2004 03:41 AMReuters - Oracle Corp. said on
Wednesday it has taken control of PeopleSoft Inc. , now
that about 75 percent of shareholders of the rival software
maker have tendered their shares.
Oracle Takes Majority Control of
PeopleSoft
Oracle Takes Majority Control of
PeopleSoft
12/29/2004 12:06 PMInternet News Dec 29 2004 2:43PM GMT
PeopleSoft blames Oracle for its slump
(USATODAY.com)
PeopleSoft blames Oracle for its slump
(USATODAY.com)
07/08/2004 07:09 AMUSATODAY.com - Another software company warned of slumping sales
Wednesday. But PeopleSoft (PSFT) blamed rival Oracle (ORCL), not a
soft market, for its financial woes.
Oracle shaves nearly $2B off hostile
PeopleSoft bid (USATODAY.com)
Oracle shaves nearly $2B off hostile
PeopleSoft bid (USATODAY.com)
05/17/2004 06:13 AMUSATODAY.com - Oracle (ORCL) on Friday slashed its hostile takeover
bid for rival Peoplesoft (PSFT) to $7.7 billion from $9.4
billion.
Oracle gains control of PeopleSoft after
shareholders tender 75% of stock
Oracle gains control of PeopleSoft after
shareholders tender 75% of stock
01/01/2005 12:33 PMCanadian Press Jan 1 2005 3:19PM GMT
PeopleSoft, SAP, Oracle Rush to Certify
Apps for Oracle 10g
PeopleSoft, SAP, Oracle Rush to Certify
Apps for Oracle 10g
04/21/2004 05:10 PMOne of the biggest stumbling blocks to adopting Oracle's major new
releaseOracle Database 10gwill soon be overcome, as
PeopleSoft, Oracle itself and SAP ready 10g-certified applications
that will be out in the fastest certification release cycle ever for a
major Oracle database release.
Oracle v. DOJ: PeopleSoft put pressure
on Oracle
Oracle v. DOJ: PeopleSoft put pressure
on Oracle
06/25/2004 04:58 PMspecial coverage Justice Dept. shows Oracle e-mail, says innovations
were driven by PeopleSoft rivalry.
Oracle Needs to See Beyond PeopleSoft
Oracle Needs to See Beyond PeopleSoft
11/19/2003 11:40 AMTheStreet.com Nov 19 2003 10:37AM ET
PeopleSoft 1, Oracle 0
PeopleSoft 1, Oracle 0
08/06/2004 06:30 AMUSA Today Aug 6 2004 10:41AM GMT
Oracle Still Set on PeopleSoft Bid
Oracle Still Set on PeopleSoft Bid
12/19/2003 11:07 PMBoston Globe Dec 19 2003 9:53PM ET
Oracle looks beyond PeopleSoft
Oracle looks beyond PeopleSoft
01/27/2004 08:41 PMThe database giant promises that developing business applications will
remain one of its top priorities--with our without its acquisition of
PeopleSoft.
Oracle, PeopleSoft Need Owners
Oracle, PeopleSoft Need Owners
05/11/2004 02:57 PMThe fight between Oracle and PeopleSoft continues to destroy
shareholder value. So, act like an owner.
Oracle bid for PeopleSoft on the ropes,
not yet out (AFP)
Oracle bid for PeopleSoft on the ropes,
not yet out (AFP)
02/11/2004 05:42 PMAFP - Business software giant Oracle's beefed-up 9.4-billion-dollar
hostile bid for PeopleSoft was reeling after US antitrust staff
recommended blocking any merger.
PeopleSoft: Oracle, SAP Top Competition
PeopleSoft: Oracle, SAP Top Competition
06/09/2004 04:12 AMBoston Globe Jun 9 2004 8:31AM GMT
Oracle Now Owns PeopleSoft
Oracle Now Owns PeopleSoft
12/29/2004 09:47 AMTheStreet.com Dec 29 2004 1:28PM GMT
Oracle Bid for PeopleSoft Troubles Cos.
(AP)
Oracle Bid for PeopleSoft Troubles Cos.
(AP)
06/24/2004 06:13 PMAP - It's becoming increasingly clear that PeopleSoft Inc. isn't the
only high-tech heavyweight worried about Oracle Corp.'s hostile
takeover bid for the business software maker.
Oracle Lowers PeopleSoft Bid
Oracle Lowers PeopleSoft Bid
05/17/2004 09:09 AMOracle lowers PeopleSoft bid to $7.7
billion: After raising the bid
twice, (the last time just two months ago — and that just
four months after saying they weren't going any higher), they're now lowering it. I
can't even speculate on the implications of this.
Business software maker Oracle reduced its hostile
takeover bid for rival PeopleSoft to $7.7 billion Friday, shaving
nearly 20%, or $1.7 billion, from its previous offer to reflect its
prey's wilting market value.
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Oracle is still trying to sew up
PeopleSoft deal
Oracle is still trying to sew up
PeopleSoft deal
01/05/2005 08:40 AMOracle said late Tuesday that it has extended its tender offer for
PeopleSoft's outstanding shares by two days, after narrowly missing
the volume of shares it requires to bring the merger to a speedy
close.
Oracle: PeopleSoft Review May End in Jan
Oracle: PeopleSoft Review May End in Jan
11/13/2003 02:52 PMSan Jose Mercury News Nov 13 2003 2:43PM ET
Oracle-PeopleSoft: Why the Delay
Oracle-PeopleSoft: Why the Delay
12/19/2004 03:18 PM(This is also my col
umn todayin the San Jose
Mercury News, and an update on yesterday's brief comment.)
Monday morning's
newsthat Oracle will buy
PeopleSoft for a small premium over Oracle's most recent offer was
almost the ultimate in anticlimaxes. It was a given, once the U.S.
antitrust lawsuit against the deal failed in early fall, that a buyout
would happen unless an unexpected white knight showed up to buy
PeopleSoft.
This deal should have been done a long time ago.
More...
Oracle Likely to Up PeopleSoft Bid,
Analysts Say
Oracle Likely to Up PeopleSoft Bid,
Analysts Say
09/10/2004 08:41 PMAfter Oracle's win in the DOJ antitrust case, financial analysts agree
that Oracle will likely raise its offer for PeopleSoft.
D-Day for Oracle/PeopleSoft spat
D-Day for Oracle/PeopleSoft spat
11/17/2003 04:16 AMvnunet.com Nov 17 2003 3:07AM ET
Oracle v. Peoplesoft: the joke is on...
Oracle v. Peoplesoft: the joke is on...
09/20/2004 05:12 AMOpinion Cash from chaos
Oracle says it controls PeopleSoft
Oracle says it controls PeopleSoft
12/29/2004 08:06 AMCNN Money Dec 29 2004 12:39PM GMT
Oracle increases Peoplesoft bid
Oracle increases Peoplesoft bid
02/10/2004 02:47 AMOracle raises its offer for rival Peoplesoft to $9.4bn as it tries to
win over shareholders of the software firm.
Oracle still trying to sew up PeopleSoft
deal
Oracle still trying to sew up PeopleSoft
deal
01/05/2005 06:59 PMOracle Corp. extended its tender offer for PeopleSoft Inc.'s
outstanding shares until tomorrow night, after narrowly missing the
volume of shares it requires to bring the merger to a speedy close.
Oracle Discounts PeopleSoft Bid
Oracle Discounts PeopleSoft Bid
05/14/2004 10:27 PMInternet News May 15 2004 2:37AM GMT
PeopleSoft, Oracle Keep Fussin'
PeopleSoft, Oracle Keep Fussin'
01/22/2004 03:34 PMOracle continues its effort to disrupt its rival.
Judge Allows Oracle to Bid for
PeopleSoft
Judge Allows Oracle to Bid for
PeopleSoft
09/09/2004 11:50 PMNew York Times Sep 10 2004 3:50AM GMT
Oracle, PeopleSoft -- and Microsoft
Oracle, PeopleSoft -- and Microsoft
06/09/2004 11:36 PMBusiness Week Jun 10 2004 4:02AM GMT
Oracle v. DOJ: PeopleSoft CEO won't
testify
Oracle v. DOJ: PeopleSoft CEO won't
testify
06/28/2004 06:08 PMspecial coverage Thanks, but no thanks: Oracle decides not to grill
Craig Conway, which PeopleSoft says it had looked forward to.
Oracle lowers bid for PeopleSoft
Oracle lowers bid for PeopleSoft
05/14/2004 08:57 PMZDNet May 15 2004 0:46AM GMT
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Oracle finally has control of PeopleSoft (USATODAY.com)