Oracle Expects Antitrust OK From China, Russia On Sun Deal
January 21 2010 - 7:08AM
Dow Jones News
U.S. software firm Oracle Corp. (ORCL) Thursday said it expects
Chinese and Russian antitrust authorities to clear its pending
acquisition of Sun Microsystems Inc. (JAVA) unconditionally,
following the European Commission's approval.
The company said it intends to close the deal shortly.
Earlier Thursday, the European Commission unconditionally
cleared Oracle to take over Sun, after a drawn-out antitrust
investigation on worries that Oracle might seek to quash Sun's free
database offering, MySQL, to protect its own much pricier
franchise.
-By Peppi Kiviniemi, Dow Jones Newswires; +3227411483;
peppi.kiviniemi@dowjones.com
Sun Microsystems (MM) (NASDAQ:JAVA)
Historical Stock Chart
From Nov 2024 to Dec 2024
Sun Microsystems (MM) (NASDAQ:JAVA)
Historical Stock Chart
From Dec 2023 to Dec 2024