Special coverage: Oracle vs. PeopleSoft
Justice Department officials say they they will challenge Oracle's hostile $9.4 billion takeover bid for PeopleSoft, dealing a major blow to the controversial deal.
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latest coverage
Oracle and federal antitrust regulators grapple with a key definition that would influence the direction of the government's review of Oracle's bid to merge with rival PeopleSoft.
February 20, 2004
update Antitrust lawyers at the U.S. Justice Department are recommending that the department file suit to block Oracle's acquisition of PeopleSoft, indicating that Oracle may face a serious setback in its embattled bid for its rival.
February 11, 2004
update PeopleSoft's board of directors rejects Oracle's revised hostile bid, saying it believes the company is worth more than $26 a share.
February 9, 2004
previous coverage
Oracle increases its cash offer for enterprise software maker PeopleSoft to $26 per share, presenting its rival's shareholders with a $9.4 billion hostile takeover bid.
February 4, 2004
PeopleSoft sets the stage for a tussle with Oracle for boardroom control by announcing it will hold an annual shareholder meeting and director election on March 25.
January 30, 2004
Oracle names five prospective replacements to PeopleSoft's board, a necessary step in the company's efforts to complete a hostile takeover of its rival in the market for business software applications.
January 23, 2004