After intense antitrust investigation focused on the MySQL database, the European Commission gives an official OK for Oracle to acquire Sun Microsystems.
Though regulators have until late January to make their decision, sources close to both companies say they expect approval this week.
Regulators opens antitrust probe into pending merger, citing concerns that the deal may hinder competition in the database market.
Oracle is set to meet with European Commission regulators to make its case for its acquisition of Sun Microsystems.
The full text of Mårten Mickos' letter to European Commissioner for Competition, Neelie Kroes, encouraging the approval of Oracle's acquisition of Sun Microsystems.
The Department of Justice wants more time to consider Oracle's proposed acquisition of Sun Microsystems, but Oracle is confident the deal will still go through without problem.
Potential antitrust concerns from the European Commission may delay approval of the Sun-Oracle merger beyond its initial deadline of Thursday, says Reuters report.
Investors OK the $7.4 billion deal, but acquisition still faces scrutiny by the Justice Department. Java licensing said to be the sticking point.
Proxy statement points to mid-July for vote on proposed merger with Oracle, and reveals some tidbits on acquisition talks and potential executive severance pay.
European regulators have formally objected to Oracle's acquisition of Sun Microsystems. Oracle vows to fight the conclusion.