takeover on tuesday
Oracle and SAP - strange bedfellows
News The suit contends that Oracle's $9.4bn takeover of PeopleSoft would leave just two competitors - SAP and Oracle - in the market for application software designed to streamline corporate accounting and human resources tasks for large companies. [03 Mar 2004]
Boss says mm02 not up for sale - much...
News Peter Erskine, mm02's CEO, was coy about the prospects for a takeover. A statement posted on Tuesday gives an even clearer indication that the telco still fancies its chances: "KPN confirms that it has no current intention to make an offer for mmO2... [25 Feb 2004]
Oracle's PeopleSoft usurpers meet the shareholders
News To move forward with its takeover bid, Oracle needs PeopleSoft to remove the poison pill and must clear antitrust regulatory hurdles. The business software maker and its nominees discussed their views on the merger proposal with Institutional... [19 Feb 2004]
Oracle tempts PeopleSoft shareholders with paper and pen
News Among the list of PeopleSoft management's alleged sins outlined in the letter are a $60bn "golden parachute" severance packaged awarded to Conway by the PeopleSoft board; a campaign to misinform PeopleSoft customers about Oracle's takeover... [18 Feb 2004]
DoJ's antitrust lawyers move to block Oracle PeopleSoft bid
News The announcement comes after months of speculation over whether the Justice Department would allow Oracle's takeover bid to proceed, or challenge it. The Justice Department informed PeopleSoft of the staff's recommendation late on Tuesday, and said... [11 Feb 2004]
Oracle tables "final" $9.4bn PeopleSoft bid
News Oracle has again stepped up its hostile takeover attempt of PeopleSoft with a "final" offer of $9.4bn. Oracle CEO Larry Ellison, who has at times been criticised for pursuing the PeopleSoft takeover to the detriment of the enterprise applications... [04 Feb 2004]
Oracle looks to a future without PeopleSoft
News The company is also fighting for control of PeopleSoft's board to overturn anti-takeover measures PeopleSoft management enacted. Charles Phillips, Oracle co-president, told a group of reporters Tuesday at the annual Oracle AppsWorld conference in... [28 Jan 2004]
Oracle asks judge to can PeopleSoft case
News Oracle has asked a California state judge to throw out an unfair business practices lawsuit filed by PeopleSoft, as the plaintiff seeks to derail a hostile takeover bid by its rival. PeopleSoft alleges Oracle has engaged in unfair business... [23 Jan 2004]
Ellison still 'determined' to acquire PeopleSoft
News Oracle Chief Executive Larry Ellison has repeated his determination to acquire rival PeopleSoft, but was cagey about whether he would raise the offer price of his hostile takeover bid. And as Ellison reiterated Tuesday: "We like to buy on sale. [10 Sep 2003]
PeopleSoft extends customer refund plan
News PeopleSoft’s stock closed at $17.30 per share on Tuesday. PeopleSoft has restarted a customer refund programme that is designed to counter the negative effects of Oracle’s ongoing hostile buyout bid on its sales. [27 Aug 2003]
Nokia snaps up Sega for mobile gaming help
News The company has been marked as a takeover target by several rivals. Nokia on Tuesday extended its bet on mobile video games, agreeing to acquire multiplayer technology from Sega for its upcoming N-Gage game deck. [20 Aug 2003]
PeopleSoft tweaks lawsuit against Oracle
News PeopleSoft faces a counter suit from Oracle, which seeks removal of PeopleSoft's anti-takeover measures. PeopleSoft, based in Pleasanton, California, expanded the suit to include "extensive new facts about Oracle management's ongoing acts of unfair... [13 Aug 2003]
Ellison says Oracle can wait for PeopleSoft prey
News Oracle CEO Larry Ellison on Tuesday predicted PeopleSoft will post lacklustre financial results during the next several quarters, a weakness that could sway support for Oracle's hostile takeover. He conceded, however, that PeopleSoft's pending... [16 Jul 2003]
IBM, SAP deal targets smaller businesses
News Edwards and before Oracle began its hostile takeover bid for PeopleSoft. Analysts said that the confusion resulting from the merger and takeover announcements, along with related lawsuits, could drive companies looking for ERP software to SAP's door. [18 Jun 2003]
PeopleSoft drops plans to restrain Oracle
News The takeover bid expires July 7. PeopleSoft has canceled its plans to appear in court Tuesday to seek a temporary restraining order against Oracle and its $5.1bn bid A representative for PeopleSoft declined to comment on its legal strategy, but... [11 Jun 2003]
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