Oracle-Sun Marriage Gets DoJ's Blessing

Friday Aug 21st 2009 by DatabaseJournal.com Staff

The $7.4 billion acquisition speeds ahead with federal regulators signing off on the deal.

[From InternetNews]

Oracle's $7.4 billion purchase of Sun Microsystems got the sign-off it needed from federal antitrust regulators today, removing a key hurdle for the two companies' merger.

Oracle said the U.S. Department of Justice approved the deal, first announced in April, and terminated the companies' waiting period under the Hart-Scott-Rodino Act.

The article continues at http://www.internetnews.com/bus-news/article.php/3835621/OracleSun+Marriage+Gets+DoJs+Blessing.htm

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