EU go-ahead for Oracle takeover
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The European Commission gives US software giant Oracle the green light for its takeover of US rival Peoplesoft.
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The EU is expected to approve the merger between rivals Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT), according to sources close to the proceedings.
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Oracle Corp  is likely to win clearance from the European Commission for its hostile takeover of rival software firm PeopleSoft Inc. , a source close to the situation said on Friday.
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LONDON -- Enterprise software giant Oracle Corp. may be known for big plans and bold moves but when it comes to capturing the European market the Redwood Shores, California, company has realized it also has to think small.
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The European Union has approved Oracle&#39;s takeover of PeopleSoft, marking yet another turn in the bitter 17-month wrangle between the fierce business software rivals.
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BRUSSELS, Belgium -- European Union regulators suggested Monday they are not bound by a US decision to allow Oracle Corp. to pursue its $7.
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STRASBOURG, France/SAN FRANCISCO  - The European  Commission on Tuesday approved Oracle Corp.'s ORCL.O proposed  $7.7 billion hostile takeover of rival business software  company PeopleSoft Inc. PSFT.O, clearing the last antitrust  hurdle to the deal.
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BRUSSELS--The European Commission is still in talks with Oracle over its plan to take over rival software company PeopleSoft but aims to make a decision before the end of October, a Commission representative said Friday.
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The European Commission on Tuesday approved Oracle Corp.'s  proposed &#36;7.7 billion hostile takeover of rival business software company PeopleSoft Inc. , clearing the last antitrust hurdle to the deal.
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On 26 October 2004, the EC unconditionally approved Oracle&#39;s proposed $7.7 billion bid for PeopleSoft. PeopleSoft continues to resist Oracle&#39;s unsolicited bid.
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The European Union's competition commissioner is ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft, people close to the case said Friday
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Yesterday, the European Commission, the regulatory arm of the European Union, approved your proposed $7.7 billion takeover bid of business software maker PeopleSoft (Nasdaq: PSFT).
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European Commission is set to announce whether it will block the database giant's hostile takeover bid for PeopleSoft.
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BRUSSELS The European Union&#39;s competition commissioner, Mario Monti, intends to approve Oracle&#39;s $8 billion hostile takeover bid for the rival American software company Peoplesoft, largely because EU lawyers doubt they could successfully defend a
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The European Commission has given the green light to the proposed Oracle acquisition of PeopleSoft, European Union Competition Commissioner Mario Monti said Tuesday.
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BRUSSELS -- The European Commission has confirmed that it wants to reach a decision on Oracle Corp.âs hostile bid for PeopleSoft Inc. before the end of October, prompting speculation that it will approve the merger.
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The European Commission has no objection to Oracle&#39;s takeover bid for PeopleSoft. That decision, coming after Oracle&#39;s antitrust victory in the US, means that Oracle faces no more regulatory impediments to its proposed takeover.