PeopleSoft's stance changing?

Comments by board member, firing of CEO could indicate shift in company's resistance to Oracle's takeover bid
||Last Updated: 09/06/2005

PeopleSoft’s stance on the attempted takeover by Oracle appears to have changed dramatically in recent days.

On Oct. 1 PeopleSoft announced it had fired Craig Conway, its chief executive officer, and replaced him with Dave Duffield, PeopleSoft’s founder and chairman.

Then on Tuesday of this week Steven Goldby, a PeopleSoft board member, said he would be willing to discuss a possible merger with Oracle if it offered the right price and the deal could be done quickly.