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Pleasanton, 2004 Timeline Saturday, April 21 Bookmark and Share     Author
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30,000 customers lost power Safeway earnings drop 21% by strike   Schwarzenegger Barnstorms for Bush  Governor campaigned for President and ballot measures at the Alameda County Fair Grounds Oracle boosts bid for PeopleSoft
World News (12) USA (335) California (187) Bay Area (11) Tri Valley (680) (964) Dublin Pleasanton Livermore (167) Pleasanton (110) 2004
Accidents (10) Crime (2) Business (28) Politics (1)
Pleasanton, January 2004 Pleasanton, February 2004 Pleasanton, March 2004 Pleasanton, April 2004 Pleasanton, May 2004 Pleasanton, June 2004 Pleasanton, July 2004 Pleasanton, August 2004 Pleasanton, September 2004 Pleasanton, October 2004 Pleasanton, November 2004 Pleasanton, December 2004
94566 94588
Takeover (54)   CEO (301)   Pleasanton Business Resignation   Pleasanton, 2004   Pleasanton Merger and Acquisition (25)
PeopleSoft hosts anxious customers PeopleSoft tightens IBM ties Commerce One down to last gasp   PeopleSoft fires CEO Craig Conway
Body found along I-580. 94588 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. 94588 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    94588: 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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September 2004 ... more > Top ^
  A federal judge Vaughn Walker rejected the government's attempt to block $7.7 billion takeover bid

October 2004 ... more > Top ^
  David Duffield appointed as CEO; Kevin Parker and Phil Wilmington as co-presidents. Sales of new licenses exceeded $150 million

November 2004 ... more > Top ^
  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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