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PeopleSoft Goes To Oracle

Posted by Hemos on from the picking-up-the-pieces dept.

codecool writes "It is final. Peoplesoft's Board of directors finally relented and agreed to let Oracle have them for $26.50 per share. Finally, it all comes to an end." Closing date is set for mid-January timeframe.

1 of 216 comments (clear)

  1. Re:And wehat about the CUSTOMERS, PeopleSoft? by The+One+and+Only · · Score: 0, Offtopic

    It is interesting to note that the press release on PSFT's website mentions the value of the merger to the stockholders but makes absolutely no mention about the impact/value to its own customers.

    That's because the stockholders own the company. Not the customers. If I own something and hire you to take care of it, and you sell it, I better get value out of it!

    --
    In Repressive Burma, it's not just your connection that dies. slashdot.org/comments.pl?sid=314547&cid=20819199