HideTechdirt is off for the long weekend! We'll be back with our regular posts tomorrow.
HideTechdirt is off for the long weekend! We'll be back with our regular posts tomorrow.

Deals

by Mike Masnick




PeopleSoft Still Not For Sale, Just More Honest About It

from the so-it-goes... dept

Despite the expectation that PeopleSoft's board fired Craig Conway in order to bring in someone who would accept Oracle's offer, Dave Duffield sent around a memo today telling employees that PeopleSoft is not for sale, and he does not intend to let Oracle acquire the company. Of course, that may be the only way to get people to keep on working, while also preventing Oracle from dropping the price of their offer (which Larry Ellison has threatened to do). Then again, maybe PeopleSoft really did fire Conway (and give him his millions in severance) because they felt he wasn't being honest. So, now, they're in the same position, this time, with more honesty.

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Special Affiliate Offer

Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories

Close

Email This

This feature is only available to registered users. Register or sign in to use it.