Court Ruling Removes Hurdle to a VW Takeover
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The decision strikes down one of Europeâs most visible symbols of protectionism and clears the way for Porsche to take control of Volkswagen, Europeâs largest automaker.
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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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German sports car maker Porsche's  stake of almost 30 percent in Volkswagen  is enough to assert its interests in Europe's biggest carmaker, Porsche's chief executive told a German newspaper.
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European Court of Justice finds Germany's "Volkswagen Law" to protect hostile takeovers invalid, too restrictive of capital movement.
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Overnight in London a High Court judge ruled in favor of three shareholder banks who sought to gain control of a business they majority own, but is presently stacked with directorâs friendly to Formula One boss Bernie Ecclestone, that ensures he retains
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A European court has upheld the bulk of an antitrust ruling against Microsoft Corp. made by the European Commission in 2004
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By Frank Ahrens, Washington Post Staff Writer  When the government's attempt to relax media ownership rules was defeated in court two years ago, some hailed it as a victory against putting too much power in the hands of too few media lords.
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The ruling allows Porsche to take over Volkswagen and is a milestone in Europeâs development of an open market.
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FRANKFURT - Sports car maker Porsche has an open road to make another bid for Volkswagen now that the European Union's highest court struck down the nearly 50-year-old "VW law" enacted to protect Europe's largest automaker from a hostile takeover.
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The European Court of Justice is expected to strike down the so-called Volkswagen Law, created by Germanyâs government to protect the automaker from an unwanted takeover.
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AN FRANCISCO, Sept. 10 - The federal court ruling issued Thursday that allows Oracle to proceed with its hostile bid to acquire PeopleSoft removes a major roadblock to the merger.
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Following a U.S. judge's lead, regulators eliminate final regulatory hurdle to Oracle's hostile takeover bid.
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Under a draft of the law, Volkswagen could make major  changes only with approval of shareholders representing one share more than 80 percent of its share capital.
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Europeâs second-highest court upheld today a 2004 antitrust ruling that found the software company had abused its dominance in operating systems.
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European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.
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The European Union's  highest court on Tuesday struck down a German law that shielded  Volkswagen  from takeover, paving the way for Porsche  to take majority control of Europe's biggest carmaker.
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The Dutch Supreme Court on Friday lifted a major obstacle to a bid by Barclays of Britain to buy ABN Amro, ruling that ABN could sell its US subsidiary without shareholder approval.