Green Light For Siebel-Oracle Merger

Thursday Dec 22nd 2005 by DatabaseJournal.com Staff
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UPDATED: The European Commission doesn't find any antitrust issues lurking behind Oracle's $5.85 billion bid.

[From internetnews.com]

UPDATED: Oracle (Quote, Chart) has one less hurdle to jump in its $5.85 billion acquisition bid for rival Siebel (Quote, Chart).

The European Commission (EC) said a merged Oracle/Siebel offering wouldn't impede effective competition in its member countries and gave the purchase its blessing today.

The article continues at http://www.internetnews.com/bus-news/article.php/3572886

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