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Case 11.4: Oracle’s Hostile Bid for PeopleSoftOMM640: Business Ethics and Social ResponsibilityJamie RhoadsDr. GardnerSeptember 21, 2011
•In your judgment why did the executives of PeopleSoft reject the unsolicited takeover from Oracle Corporation? I believe the executives of PeopleSoft rejected the unsolicited takeover from Oracle because they feel Oracle is trying to destroy their company by driving away their customer’s with the takeover. PeopleSoft was also offended by Oracle when their owner made the statement that they only wanted to take over their company in order to gain their customer base. •In what ways was the Oracle bid for PeopleSoft unusual? The bid was unusual because it was the second largest software developer bidding to takeover the third largest. Usually companies try to takeover their competitors that are much smaller than them, not a competitor that is almost equally as large. It was also