PeopleSoft Deflects Oracle Takeover, So Far

Posted by ryuzaki0 on Sunday July 13, 2003 @10:18AM from the ask-again-later dept.

SuperDuG send a link to this Reuters report on the Oracle's takeover bid for PeopleSoft, specifically questioning Oracle's committment to PeopleSoft. SuperDuG writes: "A letter from CEO Craig Conway states 'Five days following our announcement we learned of a hostile bid by Oracle Corperation to acquire PeopleSoft. Incredibly, Oracle made it clear their intention was to discontinue all PeopleSoft products, ultimately forcing customers to convert to Oracle's application and database.' Seems the dirt is being slung by both sides and the SEC is about to takeover and decide if this is even legal under anti-trust laws."

1 of 153 comments (clear)

did anyone else.... by jeffy124 · 2003-07-13 10:23 · Score: 5, Funny

... think of that scene from the Simpsons where Bill Gates offers to buyout Homer's Internet business? "Buy 'em out boys!"

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The One Rule Of Chess You'll Ever Need: Don't play someone who carries a kit in their bookbag.