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Wednesday, November 24, 2004

Judge schedules additional hearing in PeopleSoft case, delaying decision
Chris Buell at 11:54 AM ET

[JURIST] A Delaware Chancery Court judge Wednesday ordered an additional hearing in Oracle's case against PeopleSoft, delaying a decision on whether to remove PeopleSoft's anti-takeover provisions in the event of a merger with Oracle. The case was previously argued before Vice Chancellor Leo Strine over two weeks in October, but Strine ruled that another hearing was needed to consider new evidence, including the European Commission's decision not to block the takeover bid. The new hearings are set for Dec. 13 and 14. CNET News has more.






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