Senators push Europeans to OK Oracle-Sun deal (San Francisco Chronicle)

Senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about more layoffs at the struggling computing company....
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Kerry, Hatch Back DOJ in Oracle Dispute With Europe – Main Justice

Oracle's combative chief executive, Larry Ellison, said that Sun is losing $100 million each month the purchase is held up. Sun also said last month it would cut 3000 jobs due to uncertainty in the pending sale. ...
[original post by Aruna Viswanatha]
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