PeopleSoft&#39;s ex-CEO accepts to have misled investors
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NEW YORK, October 4  - PeopleSoft&#39;s (PSFT.NAS) former CEO, Craig Conway, has accepted to have lied when he told investors last year that Oracle&#39;s $7.
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On 1 October 2004, PeopleSoft&#39;s board of directors terminated Conway as president and CEO, citing a &quot;loss of confidence&quot; in his ability to lead the company.
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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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A subdued Craig Conway admitted Wednesday that he responded to a hostile takeover bid for the company he led, PeopleSoft (PSFT), with a campaign of "vilification" aimed at Oracle (ORCL) and its chief executive, Larry Ellison.
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PeopleSoft Inc.  on Tuesday denied an analyst report that its executives recently met with Oracle Corp. , the rival software vendor that last year launched a hostile bid for PeopleSoft.
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The former chief executive of PeopleSoft admitted today that he responded to a hostile takeover bid from Oracle with a campaign of "vilification."
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PeopleSoft Inc.&#39;s board fired Craig Conway as its chief executive after hearing him explain why he made a misleading statement about the business software maker&#39;s ability to close sales while fighting rival Oracle Corp.
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As the former CEO of PeopleSoft prepares for a court appearance, more details of his ouster are revealed. Less than a week after he was booted from the top spot at PeopleSoft, Craig Conway is expected to face
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Board member testifies Conway was fired because he said Oracle&#39;s offer didn&#39;t affect business. WILMINGTON, Del.  - Former PeopleSoft Inc.
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Oracle argued in court today that ousted chief executive Craig Conway lied about the effect of Oracle's acquisition bid on PeopleSoft's ability to recruit customers.
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A former Enron Corp. executive told a  jury on Thursday in the first Enron criminal trial that he knew  the disgraced energy company had made a bogus deal with Merrill  Lynch in order to post fraudulent profits.
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Saying the financial projections for 2005 made by Pleasanton-based business software maker PeopleSoft are &quot;simply not credible,&quot; Redwood Shores-based Oracle Corp.
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PeopleSoft&#39;s board ousted Craig Conway as chief executive last week after learning why he misled Wall Street analysts about the impact on his company&#39;s business of Oracle&#39;s hostile takeover bid.
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PeopleSoft Inc. officials said thier board of directors has ousted Craig Conway from the chief executive officer&#39;s job. Conway has been one of the company&#39;s strongest opponents of a proposed $7.
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PeopleSoft&#39;s board ousted Craig Conway as CEO after he made a misleading statement about the company&#39;s ability to recruit customers while fending off Oracle&#39;s $7.
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A former Enron Corp. executive told a  jury on Thursday that he knew the disgraced energy company had  made a bogus deal with investment bank Merrill Lynch in order  to post fraudulent profits.
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A former in-house Enron Corp. accountant said he was convinced that the energy giant&#39;s unofficial promise to buy back several barges sold to Merrill Lynch &amp; Co.