If staying up to watch the election returns wasn't fun enough, tomorrow we get to see whether the folks in Ohio are tendering their shares in Oracle's takeover bid for PeopleSoft. At tonight's PeopleSoft Alumni Network event, former employees were mixed as to whether Oracle would be successful, with more of the admittedly biased group leaning toward less than 50% of shared being tendered. There also appear to be a few more moves PeopleSoft can make to stay independent, so this deal would seem to be far from over.
Large investors have gone public and so far are mixed as to whether they intend to sell shares or not. In other news, Dave Duffied has sent an anti-defamation letter to Larry Ellison for comments made about his stock sales. Dave mentioned the good work of Maddie's fund, a pet rescue foundation Dave funded, which sold some of the stock in question.
Tomorrow's like Groundhog Day. We'll see if this is over and Oracle walks away or we're for another 6-12 months of legal wrangling...
