TITLE

INVESTMENT BANKING DATABASE: Technology

PUB. DATE
June 2003
SOURCE
Investment Dealers' Digest;6/16/2003, Vol. 69 Issue 24, p50
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about developments related to investment banking in the technology sector of the U.S. PeopleSoft Inc. abandoned plans last Wednesday to seek a temporary restraining order against Oracle, just a day after threatening that legal action. PeopleSoft is the target of a hostile takeover by Oracle and, though its management has vowed to fight any acquisition efforts, the company said its board will review any bid with an open mind. The FTC is expected to seek new powers from Congress to allow it to work with foreign governments to prosecute overseas and domestic spammers more easily. Texas Instruments said current quarter sales in Asia have been weakened by the outbreak of the SARS virus, and warned that it is unlikely to meet analysts earnings predictions.
ACCESSION #
10170989

 

Related Articles

  • Industry Update.  // MarketWatch: Global Round-up;Mar2005, Vol. 4 Issue 3, p162 

    The article reports global developments in technology industry. Subscribers of communication firm Verizon Wireless Inc. filed a lawsuit against the company. Oracle Corp. is planning to layoff 5,000 staff as a result of the integration of People Soft Inc. The revenue of the 50-50 joint venture...

  • PeopleSoft Gains A Split Decision.  // Mergers & Acquisitions: The Dealermaker's Journal;Jul2004, Vol. 39 Issue 7, p5 

    Reports that PeopleSoft Inc. retained the right to use its controversial customer-based defense against Oracle Corp. Agreement between PeopleSoft and shareholders who had sued in Delaware to upset the Customer Assurance Program; Information on a lawsuit filed by Oracle against the plan.

  • News Bits.  // Network World;5/31/2004, Vol. 21 Issue 22, p6 

    Several news reports on developments in wireless communication systems, gathered as of May 31, 2004, are presented. Howard Carmack, a man convicted of using the network of Internet service provider EarthLink to send out hundreds of millions of spam messages was sentenced to three-and-a-half to...

  • Oracle's purchase of PeopleSoft blocked. Cortes, Rossie // Caribbean Business;3/4/2004, Vol. 32 Issue 10, p29 

    Reports on the civil antitrust lawsuit filed by the U.S. Department of Justice (DOJ) to block the attempt of Oracle Corp. top acquire PeopleSoft Inc. Reasons for the move of the DOJ; Concerns over the elimination of competition between the two top providers of human resource and financial...

  • ORACLE'S PEOPLESOFT BID ON TRIAL. Ferguson, Renee Boucher // eWeek;6/7/2004, Vol. 21 Issue 23, p16 

    Almost a year to the day after Oracle Corp. made its hostile bid to acquire rival PeopleSoft Inc. and consolidate the second and third largest enterprise application companies, the saga is moving into what likely will be its final stage. Like any good melodrama, the Oracle-PeopleSoft battle will...

  • The art of no deal. Petersen, Scot // eWeek;6/28/2004, Vol. 21 Issue 26, p36 

    The article discusses corporate mergers and lawsuits. Lawyers have been fighting over one merger deal that probably should not be made"Oracle Corp.'s bid for PeopleSoft"it came to light that Microsoft Corp. and SAP had been in discussions early in 2004 to join forces, making the world's No. 1...

  • Oracle demands changes to PeopleSoft program. Ferguson, Renee Boucher // eWeek;11/17/2003, Vol. 20 Issue 46, p16 

    Redwood Shores, California-based Oracle Corp. last week amended its filing in a Delaware, Colorado court, asking that Pleasanton, California-based PeopleSoft Inc. be forced to curtail a rebate offered as part of its Customer Assurance Program because it could be prohibitively costly to Oracle...

  • DoJ fights Oracle bid.  // Supply Management;3/18/2004, Vol. 9 Issue 6, p13 

    Reports that the U.S. Department of Justice has launched a lawsuit to stop the hostile bid of Oracle Corp. for rival enterprise resource planning company People Soft Inc.

  • Oracle looks to kindness of competitors in PeopleSoft bid. Ferguson, Renee Boucher; Callaghan, Dennis // eWeek;5/24/2004, Vol. 21 Issue 21, p18 

    Oracle Corp. will look to competitors to help persuade a federal court to the U.S. Department of Justice (DOJ) in its efforts to bar the company from acquiring rival PeopleSoft Inc. Oracle and the DOJ last week each released lists of the 25 witnesses they will call at a that in U.S. District...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics