Oracle's offer seeks to enrich Oracle at the expense of PeopleSoft's stockholders, customers and employees, ... We believe that Oracle's proposed acquisition of PeopleSoft would stifle competition and limit customer choice.
By making an offer with the acknowledged intent of eliminating PeopleSoft's business, Oracle seeks to disrupt PeopleSoft's efforts to complete new sales, thus, effectively damaging PeopleSoft's business even if Oracle never buys a single share of PeopleSoft stock,