EU to look into Oracle bid -- again
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Commission expected to resume probe over proposed deal after suspending it in April, source says. BRUSSELS  - The European Commission is expected to resume its probe of software group Oracle Corp.
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The European Commission is studying the U.S. court decision favoring Oracle's PeopleSoft buyout and deciding whether to pursue its own objections.
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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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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 could be ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for PeopleSoft.
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Oracle Corp. on Monday again  asked PeopleSoft Inc.'s board of directors to rescind an  anti-takeover provision, as the two business software makers  prepared to return to court this week to address one of the  final barriers to the $9.2-billion takeover bid.
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Ministry of Economy Trade and Industry will consider company's open-source desktop suite for future bids.
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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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SAN FRANCISCO (CBS.MW) -- Oracle is close to gaining approval from European Union regulators regarding its proposed takeover of PeopleSoft, according to the Financial Times on Friday.
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The European Commission on Tuesday cleared Oracle's hostile &#36;7.7 billion bid for rival business-software maker PeopleSoft, lowering the last antitrust hurdle to the contested deal. "There is an absence of sufficient evidence of competitive harm," regulators said in a statement.
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The European Commission is expected to approve Oracle's $7.7 billion acquisition of PeopleSoft on Tuesday, with no conditions attached, a person close to the case said.
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Oracle Corp. on Monday again asked PeopleSoft Inc.'s board of directors to rescind an anti-takeover provision, as the two business software makers prepared to return to court this week to address one of the final barriers to the &#36;9.2-billion takeover bid.
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The European Union on Thursday set a new deadline of Nov. 9 to conclude its antitrust review of Oracle Corp.'s &#36;7.7 billion takeover bid for rival business software maker PeopleSoft Inc.
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The European Commission is still in talks with Oracle Corp  over its plan to take over rival software firm PeopleSoft Inc. , but aims to take a decision before the end of October, a Commission spokeswoman said on Friday.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.'s hostile &#36;7.7 billion bid for rival business software maker PeopleSoft Inc., removing one of the last major hurdles to the contested takeover proposal, a person close to the case said.
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Surprising perhaps no one, the European Commission stated this morning in Brussels it will proceed with a fresh round of investigations against Microsoft, on some very familiar sounding allegations.
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The European Commission (EC) has launched another investigation into Microsoft - this time over plans to take over an anti-piracy software supplier.