keywords: peoplesoft oracle shareholders takeover stockholders
text: PeopleSoft board gives thumbs down to Oracle's offer (InfoWorld) InfoWorld - PeopleSoft's Board of Directors voted Wednesday to recommend that its stockholders reject Oracle's takeover offer of  #36;24 per share. Oracle CEO Larry Ellison quickly responded, saying the offer is final and that it is now up to PeopleSoft's shareholders to make a determination.