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What If Larry Leaves Sun At The Altar?
What If Larry Leaves Sun At The Altar?
Oracle 's $7.4 billion purchase of Sun Microsystems is encountering fierce headwinds in Europe, where antitrust authorities reportedly are miffed at Oracle's refusal to provide any concessions to gain approval. That raises the question: What happens if Oracle fails? The answer: Not much. And ...
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And What If Oracle Drops Sun Deal?
DealBook — ... said recently that Sun Microsystems was losing about $100 million a month as European regulators delayed approval. “The longer this takes, the more money Sun is going to lose,” Mr. Ellison said in September. But according to a report in The Financial Times, which cited European Commission officials, Oracle has refused “repeated requests” by E.U. officials to provide them with evidence that the deal would not cause competition problems, or to discuss possible remedies to its concerns. Go to Article from Forbes » ...

Today’s Best Market Rumors (11/5/2009) (JAVA)(ORCL)(BAC)(DELL)
24/7 Wall St. — ... Updated throughout the day. The New York Yankee victory in the World Series could help stock prices  (various) Oracle (NASDAQ:ORCL) could drop its deal to buy Sun (NASDAQ:JAVA) in the face of opposition to the deal from the EU. (Forbes) Bank of America (NYSE:BAC) ...

Related: sun oracle merger
Oracle: EU Reportedly Set To Oppose Sun Micro DealBARRONS.com: Tech Trader Daily
Oracle (ORCL) is “braced” for a formal objection from the EU of its planned $7.4 billion acquisition of Sun Microsystems (JAVA) , the Financial Times reports . Oracle has refused to offer any concessions, the FT says, citing ...