PeopleSoft shareholders, Oracle ask judge to order lifting of "poison pill" provisions News
PeopleSoft shareholders, Oracle ask judge to order lifting of "poison pill" provisions

[JURIST] A group of dissident PeopleSoft shareholders have asked a Delaware judge to order PeopleSoft's board to negotiate with Oracle, the rival software maker trying to acquire PeopleSoft, according to a Tuesday Wall Street Journal report. The shareholders have asked Vice Chancellor Leo Strine Jr. to reopen a lawsuit against PeopleSoft and to order the PeopleSoft board to drop a "poison pill" anti-takeover measure blocking Oracle's efforts to acquire PeopleSoft. Chancellor Strine is also considering a request from Oracle to order PeopleSoft to lift the anti-takeover provisions. Reuters has more.

THIS DAY @ LAW

UN Security Council called for Israeli withdrawal from territories occupied in Six Days' War

On November 22, 1967, the UN Security Council called for Israeli withdrawal from territories occupied during the Six Days' War, and for respect of the right of all States in the area to "live in peace within secure and recognized boundaries." Read Resolution 242, which remains a cornerstone of efforts to achieve peace in the Middle East.

President Kennedy assassinated, VP Lyndon Johnson sworn inin

On November 22, 1963, President John F. Kennedy was assassinated in Dallas, Texas. Later that day, Vice-President Lyndon Johnson was sworn in as the 36th President of the United States. Earl Warren, the Chief Justice of the Supreme Court, was later tasked with leading a commission to investigate the assassination. President Johnson received the final report of the Warren Commission on September 24, 1964. Read the Warren Commission Report.