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- They did - several times. Oracle pretends not to hear them.
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Oracle requested that PeopleSoft stockholders tender their shares for the bid - As of 8/30/04, they were given less than 6% of the total amount of PeopleSoft shares. Doesn't that sound like a rejection of the offer?
Oracle nominated a slate of their own for PeopleSoft's Board of Directors - on 3/25/04 the 4 incumbent directors up for re-election were re-elected by 95% of the vote, crushing the Oracle nominees.
Fer chrissake, the stockholders have chosen time and time and time again. For those of you as dense as Ellison and company - these 2 events listed above mean that the stockholders DO NOT want the take over.
Oracle might just have to PRODUCE some sort of service or product in order to thrive. Imagine that. - Posted by: ejhonda Posted on: 09/22/04 You are currently: a Guest | Members login | Terms of Use
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