PeopleSoft: Oracle E-mails Point to Hostile Intent
August 28, 2003[From internetnews.com]
Two weeks after expanding its lawsuit against Oracle (Quote, Company Info), PeopleSoft (Quote, Company Info) Wednesday yielded evidence to support its complaints by unveiling internal e-mails from Oracle employees that suggest they were aware of just how the company's actions were hurting PeopleSoft.
The revelation is the latest in a pernicious takeover battle between two enterprise application rivals. Redwood Shores, Calif.'s, Oracle is trying to purchase PeopleSoft against its will for $7.3 billion. In turn, Pleasanton, Calif.'s PeopleSoft has been doing everything in its power to stymie Oracle's hostile overtures.
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