For those interested in reliving the past, there is an excellent article from The American Lawyer regarding PeopleSoft’s eighteen-month battle with Oracle’s takeover bid. All in all, it’s a fair assessment, and the punch line at the end says it all – “Shareholder value trumps all.”
The question is whether this is the correct course for business to follow from a long-term perspective…
Extreme Takeover – May 5th, 2005
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