A. Four days later, Oracle announced its own bid for PeopleSoft, and invited the firm's board to a
B. Furious that his own plans had been endangered, PeopleSoft's boss, Craig Conway, called
Oracle's offer "diabolical", and its boss, Larry Ellison, a “sociopath".
C. In early June, PeopleSoft said that it would buy J .D. Edwards, a smaller rival.
D. Moreover, said Mr. Conway, he “could imagine no price nor combination of price and other
conditions to recommend accepting the offer."
E. On June 12th, PeopleSoft turned Oracle down.