Business software maker Oracle Corp.'s ferocious fight to acquire rival PeopleSoft Inc. is turning into a government showdown now that the U.S. Justice Department has gone to court to block the hostile $9.4 billion bid. Seven states joined Thursday's lawsuit, which contends a combination between Oracle and PeopleSoft would stifle competition in the $20 billion market for business applications software.
March 01, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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