Gates' eMail Discussed PeopleSoft Stake
[From internetnews.com]
SAN FRANCISCO -- Like a pebble thrown into a still pond, Oracle's hostile bid for PeopleSoft (Quote, Chart) sent ripples through
the boardrooms of its rivals.
Bill Gates, who after learning about the hostile
takeover last June, fired off an e-mail to Microsoft (Quote, Chart) CEO
Steve Ballmer asking to consider taking a financial stake in
Pleasanton, Calif.-based PeopleSoft or acquiring Enterprise Resource
Planning (ERP) software market leader SAP (Quote, Chart). The e-mail was
revealed during Oracle's first day of defending itself against the U.S.
Department of Justice's antitrust claims.
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