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Oracle and PeopleSoft return to Delaware Court of Chancery today in a hearing that could hasten the end game in the software companies' 17-month buyout battle. However, while Oracle has asked Vice Chancellor Leo Strine Jr. to void PeopleSoft's anti-takeover defenses, or "poison pill," sources said he is not expected to rule on the matter this week. Still, Strine could say whether he is inclined to eliminate the pill or if he prefers the companies to negotiate a solution.
November 24, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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