PeopleSoft Chief: No Way, Oracle Craig Conway, chief executive of PeopleSoft says Oracle cannot make an offer for the company that would fly with shareholders. PeopleSoft’s response to competitor Oracle’s bid to take over the company compares Larry Ellison to Genghis Khan.

“I think Larry saw a wedding and he showed up with a shotgun because he didn’t get invited,” Conway told The Associated Press. “It’s a page straight out of Genghis Kahn.”

Furthermore it seems aswell as JDE folks don’t enjoy this, as you can read here: http://www.theregister.co.uk/content/53/31107.html

Then they play the anti-trust joker …

The chief executive of J.D. Edwards on Monday said Oracle’s hostile bid for his company’s intended acquirer PeopleSoft would ``drive out’‘ competition from a key area of business software and raise ``serious anti-trust issues.’‘

http://zdnet.com.com/2110-1104_2-1014689.html

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