EU Pursues Oracle-PeopleSoft Case
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European Union regulators suggested Monday they are not bound by a U.S. decision to allow Oracle Corp. to pursue its &#36;7.7 billion bid for rival business software maker PeopleSoft Inc. and are continuing to collect data on the deal.
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Oracle Corp (ORCL.O: Quote, Profile, Research) is likely to win clearance from the European Commission for its hostile takeover of rival software firm PeopleSoft Inc.
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A top European court has summoned all the parties involved in the European Union&#39;s antitrust case against Microsoft to a meeting in Luxembourg on Thursday after two prominent opponents of Microsoft withdrew from the proceedings, a court official has said.
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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 is expected today to approve US-based enterprise software firm Oracle&#39;s hostile take-over of rival PeopleSoft.
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The European Union's competition commissioner could be ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft.
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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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Oracle said clearance for the bid from the European Union, granted last week, prompted the move. Oracle hopes the higher price will persuade PeopleSoft to drop its remaining obstacles to the deal.
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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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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 antitrust regulators on Tuesday cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.
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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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The European Commission has confirmed that it wants to reach a decision on Oracle Corp.&#39;s hostile bid for PeopleSoft Inc. before the end of October, prompting speculation that it will approve the merger.
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Key dates in the European Union's antitrust proceedings against Microsoft Corp.:
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Oracle Relevant Products/Services from Oracle, backed by what the company views as a favorable response from PeopleSoft Latest News about PeopleSoft stockholders, is applying more pressure in an effort to complete its proposed US$9.2 billion hostile
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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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BRUSSELS -- The European Commission has restarted its investigation into Oracle Corp.'s hostile bid to acquire PeopleSoft Inc. and will issue its judgement by early November at the latest, it said on Thursday.