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DoJ approves Oracle's Sun acquisition

21 August 2009  |  1764 views  |  0 Source: Oracle

Oracle Corporation announced today that the U.S. Department of Justice has approved Oracle's proposed acquisition of Sun Microsystems and terminated the waiting period under the Hart-Scott-Rodino Act.

Sun's stockholders approved the transaction on July 16, 2009. Closing of the transaction is subject to certain conditions, including clearance by the European Commission.

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