Oracle signs merger deal with PeopleSoft

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Oracle signs merger deal with PeopleSoft

December 13, 2004 08:58:00 am

[JURIST] Oracle Corporation announced Monday that it has signed a $10.3 billion dollar merger deal with PeopleSoft, ending an 18-month hostile takeover bid plagued with legal challenges. Read the Oracle press release on the merger here. Previously in JURIST's Paper Chase:

Corporations & securities brief: Oracle likely to win PeopleSoft takeover bid
Corporations & securities brief: Oracle, PeopleSoft fight for outstanding shares
PeopleSoft shareholders, Oracle ask judge to order lifting of "poison pill" provisions
Corporations & securities brief: PeopleSoft executives recommend rejecting Oracle bid

THIS DAY @ LAW

Rosa Parks arrested for not giving up bus seat to white passenger

On December 1, 1955, civil rights activist Rosa Parks was arrested for refusing to give up her seat to a white man on a bus in Montgomery, Alabama. Her action prompted a year-long boycott of the Montgomery public transit system, which only came to an end after bus segregation was ruled illegal by the federal courts. Read a brief biography of Rosa Parks from the Rosa Parks Library and Museum at Troy State Univerity, Montgomery. In 1999 Ms. Parks received the background report on the Pacifica News Network.

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