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U.S. Fights Oracle's PeopleSoft Bid

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U.S. Fights Oracle's PeopleSoft Bid

Business

U.S. Fights Oracle's PeopleSoft Bid

U.S. Fights Oracle's PeopleSoft Bid

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  • <iframe src="https://www.npr.org/player/embed/1718073/1718074" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Justice Department files suit to block Oracle Corporation's hostile takeover bid for rival business-software maker PeopleSoft. The DOJ says merging the companies, which both make software for human-resource management and financial services, would be anti-competitive. NPR's Elaine Korry reports.