Prepare Now for Oracle's Takeover
September 15, 2004[From internetnews.com]
Despite numerous legal and regulatory hurdles, more and more analysts are advising their clients to prepare for Oracle's (Quote, Chart) acquisition of PeopleSoft, (Quote, Chart) especially those who are JD Edwards customers.
Last week, a federal judge rejected the U.S. Department of Justice's effort to block Oracle's takeover bid for PeopleSoft. The 164-page ruling handed Redwood Shores, Calif.-based Oracle a major victory in its $7.7 billion plan to take over the rival software provider.
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