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World News Atlas    San Francisco Bay Area    Pleasanton    2004

Homes for Sale in East Bay (San Francisco Bay Area)
Pleasanton, 2004 Timeline Saturday, June 21     Author
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Legend  
 Accidents  Business  Crime  Politics
Body found along I-580 2 small earthquakes  A pair of earthquakes hit between Livermore and Pleasanton with a magnitude of 3.5 and 3.4 Doctor charged with fraud PeopleSoft sets critical vote earlier Acquisition drag down PeopleSoft's profit   PeopleSoft rejects Oracle's latest offer  The board voted unanimously to recommend that stockholders reject unsolicited buyout offer of $26 per share Motorcyclist died in accident Hospital cited for not reporting death Oracle-PeopleSoft merger sued by DOJ  The Justice Department filed a lawsuit to block Oracle proposed $9.4 billion hostile takeover of software rival Suspected of shooting at fellow driver  On I-680, the front-seat passenger in a car was shot in the face, allegedly by Ramon Salazar Shareholders want options expensed Killed by train PeopleSoft quarter profit misses estimate One died, another injured in accident  Red convertible drove into a guardrail on the off-ramp from I-580 and rolled down a hill Driver crashes, dies off Highway 84  A Caltrans weed-control crew found a damaged fence and discovered the car about 50 feet below near Alameda Creek 18-month old found not breathing in home Safeway's quarter earning drop by 73%  More than half of earnings evaporated during the bitter supermarket strike Oracle shaves 18% off PeopleSoft bid  Business software maker reduced its hostile takeover bid for a rival to $7.7 Safeway CEO fends off shareholder critics  Steve Burd easily fended off threats to bounce him from his job, but still faced prickly questions   PeopleSoft spurns Oracle bid for 4th time  Business software maker announced a settlement of shareholder suits that objected to an unusual sales program PeopleSoft shares fall on lowered outlook Bid to block PeopleSoft takeover rejected

January 2004 ... more > Top ^

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February 2004 ... more > Top ^

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March 2004 ... more > Top ^

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April 2004 ... more > Top ^

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May 2004 ... more > Top ^

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July 2004 ... more > Top ^

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September 2004 ... more > Top ^

Sep.9  
  A federal judge Vaughn Walker rejected the government's attempt to block $7.7 billion takeover bid
Sep.20 PeopleSoft hosts anxious customers Sep.21 PeopleSoft tightens IBM ties Sep.23 Commerce One down to last gasp

October 2004 ... more > Top ^

Oct.1     PeopleSoft fires CEO Craig Conway
  David Duffield appointed as CEO; Kevin Parker and Phil Wilmington as co-presidents. Sales of new licenses exceeded $150 million
Oct.17 30,000 customers lost power Oct.19 Safeway earnings drop 21% by strike Oct.31     Schwarzenegger Barnstorms for Bush  Governor campaigned for President and ballot measures at the Alameda County Fair Grounds

November 2004 ... more > Top ^

Nov.1   Oracle boosts bid for PeopleSoft
  Oracle Corp. sweetened its hostile bid for rival business software maker by 14% to $24 per share
Nov.10     PS board rejects Oracle's $9.2 billion bid  PeopleSoft Inc.'s board of directors vowed to continue its resistance even if the shareholders decide to accept the offer Nov.16   2 major PeopleSoft shareholders differ  2 shareholders who own 20% of stock are prepared to line up on opposite sides of the Oracle bid battle lines Nov.18   Oracle, PeopleSoft escalate war of words  Oracle Chairman Henley depicted PeopleSoft's board as an untrustworthy group Nov.19   PeopleSoft shareholders back Oracle bid
  The shareholders are tendering more than 60% of the company's stock in support of the $9.2 billion bid
Nov.20   PS board again rejected Oracle’s bid  The board remains convinced that a bid is inadequate and it will not sell the company for less than it’s worth Nov.27   2 died off Interstate 680  A 20-year-old Tracy man and Karen MacArthur, 37, were killed when their SUV drifted off Interstate

December 2004 ... more > Top ^

Dec.13   Pleasanton Wary of PeopleSoft Deal  PeopleSoft has more than 11,000 employees, and Oracle had plans to lay off more than half of them   Oracle Buys PeopleSoft for $10.3 Billion
  PeopleSoft agreed to a sweetened buyout by rival software maker, relenting after a 18-month takeover saga
 PeopleSoft's board has approved an improved bid, worth $26.50 a share, after 5 previous offers, ranging in value from $7.7bn to $9.4bn. Oracle was winning the support of 60% PeopleSoft shareholders. Larry Ellison was initially making a $5.1bn offer in June 2003. The merged companies are second only in size to SAP in the enterprise software market
Dec.28   PeopleSoft CEO resigns before takeover  PeopleSoft founder David A. Duffield has quit the software maker weeks before Oracle deal closes



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