Europe OKs OracleSoft
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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 today cleared the way for Oracle Corp.&#39;s hostile takeover of PeopleSoft Inc. removing one of the deal&#39;s few remaining hurdles.
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The European Commission approved US software company Oracle&#39;s 7.7 billion-dollar takeover bid for its American rival in the business software market Peoplesoft on Tuesday.
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Sun backs an EU standards push for interoperability between office software. Microsoft says it's already there.
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European Union competition authorities are expected Tuesday to clear unconditionally US firm Oracle&#39;s hostile takeover of business software rival PeopleSoft, sources say.
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The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7 billion (4.
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European Union competition authorities are expected Tuesday to clear unconditionally US firm Oracle's hostile takeover of business software rival PeopleSoft, sources say.
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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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STRASBOURG: The European Commission on Tuesday approved Oracle Corp.&#39;s proposed $7.7 billion hostile takeover of rival business software company PeopleSoft Inc.
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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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LONDON: The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7-billion deal, the Financial Times reported on Friday.
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Peoplesoft agrees a $10.3bn takeover bid from rival business software firm Oracle, after an 18-month corporate battle.
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The European Union is set to approve Oracle&#39;s hostile $7.7bn takeover of enterprise apps vendor PeopleSoft, according to Reuters and the Financial Times , both of which cite unnamed sources.
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The European commission yesterday approved Oracle Corp&#39;s proposed $7.7bn hostile takeover of rival software company PeopleSoft, clearing the last competition hurdle to the deal.
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The European Commission on Tuesday cleared Oracle&#39;s (ORCL) hostile $7.7 billion bid for rival business-software maker PeopleSoft (PSFT), lowering the last antitrust hurdle to the contested deal.
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Microsoft agrees to comply with the European Commission's anti-monopoly ruling against it.
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The "Open Standards and Libre Software in Government" conference held in coordination with the Dutch Presidency of the European Union in The Hague concluded successfully yesterday.