PeopleSoft urges shareholders reject Oracle offer

US software firm PeopleSoft has urged shareholders to reject an improved $9.4bn (€7.35bn) hostile takeover offer from rival Oracle.

PeopleSoft urges shareholders reject Oracle offer
Tue, 10 Feb, 2004 - 09:20

US software firm PeopleSoft has urged shareholders to reject an improved $9.4bn (€7.35bn) hostile takeover offer from rival Oracle.

PeopleSoft, a leading provider of enterprise software that ties together back-office applications and databases, maintains that this price is too low.

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