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Deadline extended for selling PeopleSoft shares
News Oracle has extended the deadline for tendering shares in its hostile takeover bid for PeopleSoft. Companies launching hostile takeover bids frequently extend the deadline for tendering shares until they collect more than 50 percent of the...
[July 4, 2003, 8:06]
PeopleSoft shells out $70m fighting Oracle
News PeopleSoft offered a glimpse at the price of blocking Oracle's hostile takeover bid in a regulatory filing Monday. PeopleSoft also disclosed in its regulatory filing that another defence against a takeover, its controversial customer assurance...
[August 10, 2004, 9:45]
PeopleSoft offers cash to keep customers
News PeopleSoft is offering customers money-back guarantees to prevent them from fleeing to rivals in fear of a hostile takeover by Oracle. The software maker is adding a price-protection clause to customer contracts to keep sales from stalling as a...
[June 18, 2003, 8:08]
Dial 'O' for Oracle
News Oracle's 18-month hostile takeover battle for PeopleSoft came to an end on Friday evening with a single phone call. The terse communication was the first time the two companies had negotiated directly on share price since Oracle began its hostile...
[December 14, 2004, 7:25]
Oracle could raise PeopleSoft price
News Oracle chief executive Larry Ellison on Tuesday left the door open to raising the share price offer in its hostile takeover bid for competitor PeopleSoft. Oracle earlier this month launched its hostile takeover bid to acquire PeopleSoft for $5.1bn...
[June 25, 2003, 13:52]
EC approves Oracle-PeopleSoft merger
News European antitrust regulators ruled on Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and tumultuous battle. With the last regulatory obstacle out of the way...
[October 26, 2004, 15:45]
Rogue PeopleSoft shareholders turn on company
News A handful of PeopleSoft shareholders have filed class-action lawsuits claiming that the enterprise software maker's executives should not have shunned Oracle's hostile takeover bid. Until now, PeopleSoft investors have spurned the Oracle takeover...
[August 18, 2003, 9:40]
Battle of wireless titans makes business history
News Vodafone AirTouch (VOD: quote ), the world's largest mobile phone carrier, is seeking to secure its future in Europe with an historic E124bn (£78bn) hostile takeover offer for Germany's Mannesmann. If it goes through, this will be the largest...
[November 25, 1999, 14:28]
Oracle courts reluctant PeopleSoft
News Mon 7 July Oracle's chairman says he does not know if he will increase his company's hostile takeover bid Wed 18 June The software maker is adding a price-protection clause to customer contracts to keep sales from stalling as a result of Oracle's...
[June 23, 2003, 12:23]
Conway to get $16m from PeopleSoft
News Conway, who fought a hostile takeover battle with Oracle for 15 months, was terminated for allegedly being less than truthful on the effects the protracted proxy war was having on the company's sales.
[October 19, 2004, 17:10]
Oracle boosts PeopleSoft bid
News The move is not unexpected; analysts and industry watchers have been saying that Oracle's initial hostile takeover offer of $16 per share, which valued PeopleSoft at $5.1bn, was surprisingly low. PeopleSoft has also sued Oracle in connection to the...
[June 18, 2003, 12:46]
Rival bidders for PeopleSoft unlikely
News Oracle's hostile takeover bid for PeopleSoft has prompted speculation that another major software maker could step in with an offer more palatable to PeopleSoft shareholders and executives, who are in the midst of their own acquisition bid for J.D.
[July 14, 2003, 8:32]
Judge winds up PeopleSoft trial
News The judge presiding over the Oracle antitrust trial aggressively questioned the software maker and the US Justice Department on Tuesday as both sides made final arguments regarding Oracle's attempt at a hostile takeover of rival PeopleSoft.
[July 21, 2004, 8:55]
Oracle asks court for more time
News Oracle needs approval from federal antitrust regulators, and removal of PeopleSoft's anti-takeover measures, to acquire PeopleSoft in a hostile takeover bid. Oracle and PeopleSoft sent letters on Friday to Delaware Chancery Court Judge Leo Strine...
[July 29, 2003, 9:03]
Oracle faces formal antitrust scrutiny
News But in deals that involve a hostile takeover, the prospective buyer tends to submit the information within weeks, according to Howard Morse, a former senior official with the Federal Trade Commission's high-tech antitrust division and now a...
[July 1, 2003, 7:34]
Oracle lays hostile bid before EC
News The filing activates a 30-day deadline for antitrust regulators to determine whether to allow its takeover bid to go through or seek a more in-depth review. If the commission determines that it wants a closer look at the takeover bid, it can move...
[October 15, 2003, 9:05]
Mannesmann voting on Vodafone takeover offer
News Vodafone and Mannesmann, its European partner, have been locked in a hostile takeover battle for three months, sparked by Mannesmann's decision to buy Orange, one of Vodafone's chief mobile-phone rivals in the UK.
[February 3, 2000, 15:28]
Ellison extends support promise in PeopleSoft bid
News He also said that PeopleSoft customers would benefit from a takeover because Oracle would extend support for older versions of PeopleSoft products beyond the timescales set by PeopleSoft. Ellison was the only executive at AppsWorld to speak about...
[June 24, 2003, 16:49]
'Oracle and PeopleSoft talked merger in 2000': Ellison
News Most hostile takeover bids end up in friendly negotiations," he said. The Delaware case, which is expected to conclude next week, represents Oracle's attempt to eliminate the poison-pill defence, which would effectively block any hostile takeover...
[October 11, 2004, 8:50]
Vodafone denies reported Mannesmann agreement
News Vodafone and Mannesmann, its European partner, have been locked in a hostile takeover battle for three months, sparked by Mannesmann's decision to buy Orange, one of Vodafone's chief mobile-phone rivals in the UK.
[February 3, 2000, 13:16]
