Hearing delayed in Oracle's suit against PeopleSoft
A court hearing in Oracle 's lawsuit against PeopleSoft has been postponed following the US government's request for more information regarding Oracle's unsolicited bid to buy its rival enterprise software company.
The hearing has been pushed back from 16 July to 25 July by mutual consent of both parties, Oracle said.
Oracle filed a suit against PeopleSoft last month, claiming that the company and its board were improperly thwarting PeopleSoft shareholders' ability to accept Oracle's $6.3bn offer for the company.
Less than a week before Oracle filed its suit, PeopleSoft sued Oracle, accusing it of unfair business practices, among other concerns.
Scarlet Pruitt writes for IDG News Service
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