Oracle Hires Lawyers to Help With Acquisitions

From Bloomberg News

Oracle Corp., rebuffed for a fifth time in its attempt to wrest control of PeopleSoft Inc., hired law firm Latham & Watkins to provide advice on other potential acquisitions.

Latham & Watkins, which helped Oracle defeat a U.S. government challenge to the PeopleSoft offer, will navigate any antitrust problems with other acquisitions, said Dan Wall, a partner at the firm’s San Francisco office. Oracle also invited investment banks including UBS and Morgan Stanley to submit proposals for advisory business, according to people familiar with the meetings.