EU to Rule on Oracle's Bid for PeopleSoft
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European Union regulators will decide Tuesday whether Oracle Corp.'s hostile &#36;7.7 billion bid for rival business software concern PeopleSoft Inc. can proceed, the EU's antitrust chief 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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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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The long-running dispute between Microsoft and the European Union is set to be decided on Monday.
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EUROPEAN antitrust regulators have cleared Oracle to pursue its hostile $US7.7 billion bid to buy PeopleSoft, but the legal breakthrough wasn&#39;t expected to end the stalemate between the bitter business software rivals.
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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 today cleared the way for Oracle Corp.&#39;s hostile takeover of PeopleSoft Inc. removing one of the deal&#39;s few remaining hurdles.
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Oracle is getting good at jumping legal hurdles. Tuesday the European Commission announced it won&#39;t block Oracle&#39;s proposed hostile takeover of PeopleSoft.
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LONDON, September 24  - The European Commission has expressed its intention to reach a final decision on Oracle Corporation&#39;s (ORCL.
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Oracle Corp ORCL.O is likely to win  clearance from the European Commission for its hostile takeover  of rival software firm PeopleSoft Inc. PSFT.O, a source close  to the situation said on Friday.
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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.
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The European Commission gives US software giant Oracle the green light to continue with its takeover for American rival Peoplesoft.
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Unless a Delaware judge clears the way for Oracle Corp. to buy PeopleSoft Inc. in the next few weeks, the Pleasanton firm&#39;s shareholders will have the final say about their company&#39;s fate on March 25.
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European Union antitrust regulators cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.
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Outgoing EU competition commissioner Mario Monti wants to reach a decision on Oracle's proposed takeover of business software rival PeopleSoft by the end of next month, an official said.
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European Union regulators will decide before November whether to clear Google Inc.'s $3.1 billion takeover bid for online ad tracker DoubleClick or study the issue further.
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Oracle Corp is likely to win clearance  from the European Commission for its hostile $7.7 billion  takeover of rival software firm PeopleSoft Inc., a source close  to the situation said on Friday.