EU Still in Talks with Oracle
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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 antitrust regulators are set to announce Tuesday whether they will block Oracle&#39;s hostile takeover bid for rival PeopleSoft.
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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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The European Union has agreed to resume direct financial aid to the Palestinian Authority but it is still working out how to transfer the money.
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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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PeopleSoft Inc. said it&#39;s willing to discuss a bid by Oracle Corp. at the ``right&#39;&#39; price, the first time officials have raised the possibility of ending the companies&#39; 16-month takeover fight.
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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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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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Prime Minister-in-waiting Gordon Brown could still hold a referendum on the EU treaty, the UK's Europe minister says.
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BRUSSELS -- The European Commission has confirmed that it wants to reach a decision on Oracle Corp.âs hostile bid for PeopleSoft Inc. before the end of October, prompting speculation that it will approve the merger.
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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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Oracle Corp has reiterated that its stalled merger with PeopleSoft Inc is not the only acquisition opportunity it is considering, and said that talks with other potential targets are already in progress.
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LONDON -- Enterprise software giant Oracle Corp. may be known for big plans and bold moves but when it comes to capturing the European market the Redwood Shores, California, company has realized it also has to think small.
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BRUSSELS The European Union&#39;s competition commissioner, Mario Monti, intends to approve Oracle&#39;s $8 billion hostile takeover bid for the rival American software company Peoplesoft, largely because EU lawyers doubt they could successfully defend a
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Oracle&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft for $7.7bn (Â£4.3bn) is set to continue for a bit longer.
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EU-Google negotiations going swimmingly The head of Europe's privacy watchdogs said that he is still in negotiations with Google about a major data retention dispute and is confident that the search giant will change its policies.â¦Learn &amp; Contribute, Live &amp; Online - The Register Debates Green Computing
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Oracle is in merger talks with other technology companies as it awaits the outcome of its $9.2 billion hostile takeover attempt for rival PeopleSoft.