DOJ extends Oracle-Sun investigation (Dealscape

The Department of Justice has decided it needs more information about Oracle Corp.'s proposed takeover of Sun Microsystems Inc. and is extending its investigation into the $7.4 billion deal.

The Justice Department's 30-day time frame for scrutinizing the acquisition was set to expire Friday. But instead of approving the acquisition, the Justice Department informed Redwood Shores, Calif.-based Oracle that it is extending that deadline.

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NOT A SUBSCRIBER? DOJ extends Oracle-Sun investigation Posted on June 29, 2009 1:00 PM The Department of Justice has decided it needs more information about Oracle Corp.'s proposed takeover of Sun Microsystems Inc. and is extending its investigation into the $7.4 billion deal. The Justice Department's 30-day time frame for scrutinizing the acquisition was set to expire Friday. But instead of approving the acquisition, the Justice Department informed Redwood Shores, Calif.-based Oracle that it is extending that deadline. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 945 in-depth reports of M&A deals in the Technology sector 190 in-depth reports of M&A deals in Regulation 50 in-depth transaction records for Oracle Corp. 49 in-depth transaction records for Sun Microsystems 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Skadden Arps Concho Resources Pinnacle Foods Agrium Inc. Birds Eye Cantor Fitzgerald LP Credit Suisse Windstream Corp. MBIA Inc.		EXISTING USERS Username Password Forget your password? Missing a product?

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