keywords: peoplesoft takeover rejects stockholders oracle
text: PeopleSoft Board Rejects Oracle #39;s Takeover Bid Despite &lt;b&gt;...&lt;/b&gt; PeopleSoft Inc. #39;s board of directors unanimously rejected Oracle Corp. #39;s takeover offer Saturday, Nov. 20, only hours after PeopleSoft stockholders tendered a majority of their shares in favor of the deal.