1. Judge Allows Oracle to Bid for PeopleSoft.
- Author
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Lohr, Steve and Flynn, Laurie J.
- Subjects
- *
MERGERS & acquisitions , *COMPUTER software industry , *COMPUTER industry , *COMPUTER service industry , *BUSINESS enterprises , *ANTITRUST investigations - Abstract
Reports that a federal judge has ruled that Oracle, the nation's second-largest software company, can proceed with its hostile bid for PeopleSoft. How the decision handed the Justice Department a defeat in its legal challenge to the merger; Why the government chose to try to prevent the deal; Antitrust experts who think this case could open the way for more mergers in the software industry; How the European Commission is still investigating the proposed merger; Background and details of the takeover.
- Published
- 2004