Search results
Results From The WOW.Com Content Network
In June 2003, Oracle made a $13 billion bid in a hostile corporate takeover attempt. In February 2004, Oracle decreased their bid to approximately $9.4 billion; this offer was also rejected by PeopleSoft's board of directors. Complicating Oracle's takeover attempt was PeopleSoft's poison pill, allowing their customers to potentially receive ...
The takeover was completed in July. OneWorld was added to PeopleSoft's software line, along with PeopleSoft's flagship product Enterprise, and was renamed JD Edwards EnterpriseOne. [2] Within days of the PeopleSoft announcement, Oracle Corporation mounted a hostile takeover bid of PeopleSoft. Although the first attempts to purchase the company ...
In 2004, PeopleSoft was employing the flip-in model against Oracle Corporation's multi-billion hostile takeover bid. Andrew Bartels, a research analyst for Forrester Research said, "The poison pill is designed to make it more difficult for Oracle to take over the organization. The customer assurance program is designed to compensate customers ...
Hostile takeovers can cause a lot of disruption for the target company and its employees. It can lead to massive layoffs, as the acquirer looks to cut costs and boost profitability.
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
Speaking to contemporary headlines, JetBlue Airways is currently maneuvering a hostile takeover of competition Spirit Airlines for $3.6 billion. Only time will tell if JetBlue will eventually be...
In 1977, he was a co-founder and became the CEO of JD Edwards Corporation, an Enterprise Resource Planning company. In June 2003, JD Edwards arranged to be purchased by PeopleSoft for $1.8 billion. Oracle, within days, launched a hostile takeover bid for PeopleSoft with intent to exclude JD Edwards.
For premium support please call: 800-290-4726 more ways to reach us