D-day looms for Oracle bid

Wednesday Oct 15th 2003 by DatabaseJournal.com Staff

European Commission to rule on PeopleSoft takeover within weeks.

[From vnunet.com]

Oracle could get a ruling within weeks on whether its plan to acquire rival PeopleSoft meets with competition regulations.

The software giant filed its proposals with the European Commission this week, giving regulators 30 days to respond. They will either give the green light or conduct a more detailed review of the bid.

The article continues at http://www.vnunet.com/News/1144422

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