Oracle names proposed PeopleSoft board
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Oracle has named four candidates that it plans to nominate to the board of PeopleSoft, as it pushes forward with its efforts to try to take control of the rival company.
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Peoplesoft nominates its four current directors to retain their seats on the company board as it bids to see off a takeover by Oracle.
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PeopleSoft Inc.'s board of directors rejected Oracle Corp.'s &#36;9.2 billion takeover bid Wednesday and vowed to continue its staunch resistance even if a majority of the business software maker's shareholders decide to accept the offer.
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Oracle Corp.  has replaced PeopleSoft Inc.'s  co-presidents, after taking control of the rival software maker earlier this week, according to a regulatory filing.
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Oracle has opened a new front in its 17-month battle to take over rival software company PeopleSoft, announcing a slate of nominees to challenge the existing board of directors at its annual meeting next year.
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Oracle Corp. will disclose layoffs at PeopleSoft Inc. on Friday to integrate the recently acquired company into the world's second-largest business software maker, Oracle's chief financial officer said yesterday.
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , which is trying to fight off a hostile takeover by rival Oracle Corp. (ORCL.O: Quote, Profile, Research) , on Friday said its board
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A PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) board member told a Delaware court on Tuesday that the software maker would consider a bid from its rival Oracle Corp.
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PLEASANTON, California The board of directors of PeopleSoft has rejected Oracle&#39;s $9.2 billion takeover bid, continuing its resistance a day after the company&#39;s own shareholders tendered more than 60 percent of stock to Oracle.
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The board of PeopleSoft Inc. Wednesday rejected Oracle Corp.'s $24-a-share hostile takeover bid as too cheap, but said it was open to a deal at a higher price. -The Washington Post
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Oracle Corp. ORCL.O will announce  layoffs at PeopleSoft Inc. on Friday to integrate the recently  acquired company into the world's second-largest business  software maker, Oracle's CFO said on Tuesday.
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Philip Crawford is appointed as Chairman, bringing experience from several previous executive level positions including VP at Oracle.
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A PeopleSoft Inc. PSFT.O board  member told a Delaware court on Tuesday that the software maker  would consider a bid from its rival Oracle Corp. ORCL.O  provided the price was right and a deal closed quickly.
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PeopleSoft's board rejects Oracle one last time. Or does it?
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Four executives of PeopleSoft Corp. were replaced by officers of Oracle Corp., which is working to complete a &#36;10.3-billion acquisition of its business software rival, according to a regulatory filing Thursday.
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SAN FRANCISCO - Business-software maker PeopleSoft said Saturday its board had again unanimously rejected Oracle&#39;s $9.2 billion tender offer as inadequate, a day after 61 percent of PeopleSoft shares were tendered to Oracle.
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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.