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PeopleSoft GmbH Feringastr. 13a 85774 Unterföhring, Germany http://www.peoplesoft.com
Contact Dieter Roskoni +49 6105 967121
PS
PeopleSoft GmbH

PeopleSoft kommentiert Oracles Nominierung von Kandidaten für PeopleSoft Board

(PresseBox) (Pleasanton / München, )
PeopleSoft Inc. (Nasdaq: PSFT) PeopleSoft Inc. (Nasdaq: PSFT) hat die Ankündigung der Oracle Corporation (Nasdaq: ORCL), fünf Kandidaten für die Wahl in das PeopleSoft Board of Directors zu nominieren, kommentiert.

Am 12. und 20. Juni 2003 wies das PeopleSoft Board of Directors das feindliche Übernahmeangebot Oracles mit der Begründung zurück, dass die Übernahme aufgrund langwieriger Prüfungen durch die Aufsichtsbehörden beträchtlich verzögert und mit hoher Wahrscheinlichkeit verboten wird. Zudem vertrat das Board die Auffassung, dass das Angebot von Oracle das Unternehmen PeopleSoft erheblich unterbewertet. Diese Auffassung wird durch den seit Anfang Juni 2003 um 45 % gestiegenen Aktienkurs belegt. Derzeit
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.