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PeopleSoft GmbH Feringastr. 13a 85774 Unterföhring, Germany http://www.peoplesoft.com
Contact Ms Irene Böhme +49 89 99215151
PS
PeopleSoft GmbH

Peoplesoft Board of Directors empfiehlt Aktionären, revidiertes feindliches Übernahmeangebot abzulehnen

(PresseBox) (München-Unterföhring, )
PeopleSoft Inc. (Nasdaq: PSFT) hat am letzten Freitag bekannt gegeben, dass das PeopleSoft Board of Directors nach sorgfältiger Prüfung und auf Empfehlung eines Ausschusses unabhängiger Direktoren einstimmig beschlossen hat, den PeopleSoft Aktionären zu empfehlen, das von 16,00 auf 19,50 US-Dollar je PeopleSoft Aktie erhöhte feindliche Übernahmeangebot der Oracle Corporation (Nasdaq: ORCL) abzulehnen.

Mit dieser Empfehlung bekräftigt das Board of Directors seine zuvor ausgesprochenen Bedenken, dass das Übernahmeangebot nicht im besten Interesse der Aktionäre sei. Das Board of Directors ist zu dem Schluss gekommen, dass eine Übernahme von PeopleSoft durch Oracle aufgrund langwieriger Prüfungen durch die Aufsichtsbehörden beträchtlich verzögert und
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.