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May 05, 2005

Extreme Takeover

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...

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