text: Peoplesoft rejects new Oracle bid Software company Peoplesoft has formally rejected a takeover bid from rival Oracle for a sixth time. The rejection came after about 61 of shareholders in the California-based business software firm backed Oracle #39;s \$9.2bn (4.9bn) approach.
inputs: Peoplesoft rejects new Oracle bid Software company Peoplesoft has formally rejected a takeover bid from rival Oracle for a sixth time. The rejection came after about 61 of shareholders in the California-based business software firm backed Oracle #39;s \$9.2bn (4.9bn) approach.