PeopleSoft CEO rallies support
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Craig Conway said at PeopleSoft's annual users conference that his company will not surrender to Oracle.
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A PeopleSoft director testified on Tuesday that he would be open to considering Oracle's $7.7 billion offer. But, PeopleSoft executives said the company remains opposed.
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WILMINGTON, Del. Oct. 5, 2004 - PeopleSoft Inc., which has resisted hostile takeover advances from Oracle Corp. for 16 months, is willing to talk about a deal at the right price, a member of PeopleSoft&#39;s board said Tuesday.
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With 15,000 attendees at PeopleSoft&#39;s Connect user conference waiting to hear how the company would address Oracle&#39;s lingering hostile takeover bid, PeopleSoft chief executive Craig Conway tackled the issue early in his opening keynote.
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PeopleSoft CEO Craig Conway says PeopleSoft&#39;s board will consider the implications of the court decision in Oracle&#39;s antitrust.
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The PeopleSoft director who has been leading the defense of the software company's anti-takeover measures said Tuesday the company's board is willing to talk about a deal with rival Oracle.
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Ongoing battle between rival software makers enters new stage. Board has vowed to continue resistance. By Michael Liedtke. SAN FRANCISCO -- More than 60 percent of PeopleSoft Inc.
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Oracle Corp CEO Larry Ellison won the backing of PeopleSoft Inc shareholders for his US$8.8 billion hostile takeover bid, taking him a step closer to clinching the deal after a 17-month fight.
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In the shadow of Oracle, an upbeat Craig Conway seeks to sooth customers at PeopleSoft's annual convention.
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Ousted PeopleSoft (PSFT) CEO Craig Conway acknowledged in court Wednesday that he countered rival Oracle&#39;s (ORCL) hostile takeover bid with a crusade to vilify the company and its CEO, Larry Ellison.
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A majority of PeopleSoft (PSFT) shareholders are expected to support Oracle&#39;s (ORCL) takeover bid when they tender shares Friday night.
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REDWOOD SHORES, Calif. Investors continue to bet today that most PeopleSoft shareholders will back Oracle&#39;s nine-point-two (b) billion-dollar takeover bid for its bitter rival.
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WALNUT CREEK, Calif. - Oracle Corp. executives, lobbying investors to support the company&#39;s $9.2 billion hostile takeover bid, came out swinging Monday against PeopleSoft Inc.
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Oracle CEO Larry Ellison, testifying in a Delaware court as part of Oracle's efforts to get PeopleSoft to pull back anti-takeover measures, denied that his company is trying to kill off its smaller software rival.
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PeopleSoft Inc.'s  chief financial officer on Wednesday said the company's controversial customer assurance program, now being challenged in court, might not force liabilities on Oracle Corp.  if its &#36;7.7 billion takeover bid succeeds.
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PeopleSoft chief executive Craig Conway wasted no time during his keynote address at the companyâs annual user conference reassuring customers that an Oracle takeover is not in its future.
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LOS ANGELES (CBS.MW) -- PeopleSoft Inc., whose board has spurned repeated hostile takeover offers from Oracle Corp,. got a major boost Thursday when several analysts raised their PeopleSoft financial forecasts.