EU's Monti seeks Oracle-PeopleSoft decision by end-October
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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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The PeopleSoft director who has been leading the defense of the software company's anti-takeover measures said Tuesday the company's board is willing to talk about a deal with rival Oracle.
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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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Oracle expects to complete its &#36;10.3 billion acquisition of business-software rival PeopleSoft by the end of next week and unveil a blueprint for the merged companies Jan. 14, Oracle Chief Executive Larry Ellison said in a letter to PeopleSoft employees.
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UROPEAN Union Competition Commissioner Mario Monti has signalled that Brussels is ready to give the green light to Santander&#39;s Â£8.
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PeopleSoft Inc. has scheduled its annual meeting for March 25, setting the date for a potentially decisive showdown in a fierce battle to fend off rival Oracle Corp.
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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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The European Commission has resumed  its probe of Oracle's $7.7 billion hostile attempt to buy  PeopleSoft in a bid to complete approval before Competition  Commissioner Mario Monti leaves office, sources familiar with  the situation said on Thursday.
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OCTOBER 26, 2004 (IDG NEWS SERVICE) - As expected, the European Commission announced today that it has ruled that Oracle Corp. can proceed with its hostile acquisition attempt of PeopleSoft Inc.
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BRUSSELS The European Commission is expected Tuesday to approve Oracle&#39;s $8 billion acquisition of PeopleSoft without conditions attached, a person briefed on the investigation said Monday.
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European Competition Commissioner Mario Monti will hold a  news conference on Tuesday afternoon on the long-running  antitrust case against Coca-Cola, a European Union spokeswoman  said.
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BRUSSELS Promising consumers more choice of soft drinks, Mario Monti, the European competition commissioner, said Tuesday he had struck a deal with Coca-Cola after a five-year antitrust investigation of the company.
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European Union Competition Commissioner Mario Monti said Santander Central Hispano SA&#39;s bid for Abbey National Plc would boost the integration of the European banking market if it succeeds
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In one of Competition Commissioner Mario Monti&#39;s final acts before he retires at the end of the week he has officially approved Oracle&#39;s hostile takeover of PeopleSoft.
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A European Union judge told a closed meeting on Thursday he planned to rule within a month whether to freeze curbs imposed by the EU&#39;s executive on Microsoft, lawyers present said.
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It looks like only relatively minor administrative tasks stand between the two companies becoming one. By TechWeb News. The European Union has approved Oracle&#39;s takeover of PeopleSoft, bringing the deal closer to completion.
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The dispute between Oracle and PeopleSoft will return to the courtroom next month, when the presiding judge will hear more testimony.