Oracle (ORCL) Sees No Delay In Closing Of Sun Micro (JAVA) Merger
More News related to JAVA
- More Than a Dozen Companies Launch New Applications Built with PayPal X at Innovate 2009
- Sun Enhances Java Application Store with PayPal Payment Capability
- Sun Microsystems Showcases Open Source Technologies at Educause 2009
- Sun Microsystems Announces Internet Availability of Annual Stockholders' Meeting Proxy Materials for Fiscal Year 2009
- WWT Gains Gold Solution Advisor Status with Citrix
More News related to ORCL
- Infosys Collaborates with Oracle to Launch the Infosys Business Platform for HR
- Oracle Named a Leader in Magic Quadrant for User Provisioning by Leading Analyst Firm
- Leading Analyst Firm Recognizes Oracle as a Leader in Enterprise Content Management
- Microsoft Announces New Service Update and Competitive Offer for Microsoft Dynamics CRM Online
- Oracle and E2open Simplify Logistics Connectivity
Oracle (Nasdaq: ORCL) issued the following statement regarding its proposed acquisition of Sun Micro (Nasdaq: JAVA):
Dan Wall, Latham & Watkins counsel to Oracle, "We've had a very good dialogue with the Department of Justice and we were almost able to resolve everything before the Second Request deadline. All that's left is one narrow issue about the way rights to Java are licensed that is never going to get in the way of the deal. I fully expect that the investigation will end soon and not delay the closing of the deal this summer."
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
Related Categories
Mergers and AcquisitionsStocks Mentioned
-0.13
+0.10Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
