Here is the synopsis of our sample research paper on PeopleSoft vs. Oracle. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper provides an overview of the bid for takeover by Oracle of PeopleSoft. This paper considers why the takeover was hostile and why PeopleSoft rejected it. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: MH11_MHoracle33.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
acquire J.D. Edwards in 2003 and entered into talks with Oracle about an acquisition or merger. When the hostile bid came in, assessments and decision-making for PeopleSoft had to
take into consideration the existing interest of PeopleSoft executives about their fiduciary responsibilities and the need to exclude themselves from decision-making that resulted from the potential of conflict of interest.
Oracles underbidding on the stock was viewed by some as a strategy used to prevent the acquisition of J.D. Edwards and not an actual "desirable suitor" seeking a
merger (Ethics in Finance 342). The unusual nature of Oracles bid was one of the first considerations when evaluating the pros and cons or even the ethics of this
kind of merger or acquisition. Usually, when companies seek to purchase stock options in another company as a precursor to a potential merger, the offer they make is based
on a premium price, which may be 20 percent or more over the public share offering. In this case, Oracle bid just $16 a share, just six percent above
the current price (Ethics in Finance 342). In addition, the underlying purpose of Oracles offer appeared to relate directly to the declining need for PeopleSofts software and employees, but
a specific interest in PeopleSofts customers (Ethics in Finance 342). The CEO of PeopleSoft, Craig Conway, maintained that it was an unethical action on the part of Oracles
leader Larry Ellison to direct actions that would make PeopleSoft unable to acquire J. D. Edwards, also making the company appear unstable and unable to support new customers. Ellison
recognized that even if Oracle never actually purchased PeopleSoft stock, the offer itself would have placed the company in poor shape in terms of their public and fiscal image, reducing
...