PeopleSoft Investors Sharing a Divided House
November 17, 2004[From internetnews.com]
PeopleSoft shareholders are starting to speak up about Oracle's takeover bid.
The Pleasanton, Calif.-based software maker's two largest investment groups this week announced opposing thoughts on the current and "best and final offer" of $24 per share (an estimated $9.2 billion) to merge the companies.
Capital Guardian Trust told Oracle executives that
it was in favor of the deal, while Private Capital
filed papers with government regulators supporting PeopleSoft's
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