Merger Shifts to Maintenance and Support

December 15, 2004

[From internetnews.com]

Oracle (Quote, Chart) has begun laying the foundation for its eventual marriage with PeopleSoft (Quote, Chart).

In a briefing with reporters, Oracle President Charles Phillips reaffirmed the company's plans to solidify the deal before Dec. 30. The executive is expected to meet with PeopleSoft brass today to offer an olive branch to PeopleSoft employees, customers, resellers, partners . . . and in the process, discuss the transition plan.

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