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Oracle Amends PeopleSoft Bid

Escrito por

Published: Jul 24, 2003

Updated: Feb 2, 2021

1 minute read

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Oracle Corp. has dumped the demand that it be given the right to say yea or nay on the PeopleSoft Inc. and J.D. Edwards & Co. merger, the company announced on Thursday.

The Redwood Shores, Calif., database company filed with the Securities and Exchange Commission an amended offer to purchase PeopleSoft. The amended offer drops a previous condition requiring Oracles consent for any amendment to the merger between PeopleSoft and J.D. Edwards.

At the same time, Oracle reaffirmed its commitment to take over PeopleSoft, of Pleasanton, Calif., after PeopleSofts ongoing merger with J.D. Edwards is complete. Oracle has been pursuing PeopleSoft since June.

Lisa Vaas

Content Writer

Lisa Vaas is News Editor/Operations for eWEEK.com and also serves as editor of the Database topic center. She has focused on customer relationship management technology, IT salaries and careers, effects of the H1-B visa on the technology workforce, wireless technology, security, and, most recently, databases and the technologies that touch upon them. Her articles have appeared in eWEEK's print edition, on eWEEK.com, and in the startup IT magazine PC Connection.

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