European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.
Attorneys general from approximately 30 states this week ramped up their review of Oracle's US$6.3 billion unsolicited bid for PeopleSoft, according to sources.
A PeopleSoft board member testified Monday that former CEO Craig Conway was fired in large part because of his reckless exaggeration to Wall Street analysts when informing them last year that Oracle's offer to buy the company was no longer a disruptive influence.
PeopleSoft may be willing to be bought by Oracle, after all--if the price is right.
The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
Welcome to San Francisco, California, for Oracle's takeover of a different sort of entity; a city.
Trial pitting Oracle against PeopleSoft turns into mating ritual of sorts, as sides quibble over money.
The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
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