European antitrust regulators have formally objected to Oracle Corp.'s $7.4 billion US takeover of Sun Microsystems Inc., citing concerns that the takeover could hurt competition in the database market.
Sun Losing $100 Million a Month as Oracle Waits
Sun Microsystems is losing about $100 million a month according to Larry Ellison, CEO of Oracle, the company that's set to acquire Sun. Oracle is waiting to get clearance from European...
EU probes Oracle's bid to buy Sun
European Union regulators on Thursday launched an antitrust probe into U.S. software maker Oracle Corp.'s takeover of Sun Microsystems Inc., saying they wanted to make sure Oracle was...
EU opens probe into Oracle bid for Sun
European Union regulators have launched an antitrust probe into U.S. software maker Oracle Corp.'s takeover of Sun Microsystems Inc., saying the deal could mean higher prices and limited...
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