Sun Oracle Update

Contrary to my previous post, it appears that the EU may have committed to an earlier resolution. This is not listed on the EU calendars. So, I can’t verify the date. Also, this does not necessarily end things on the 19th. It is possible that the EU could release a list of requirements. Oracle would then have to meet those requirements before the merger could occur. So, while this is the first hope that there is an end in sight, this could still drag out for a while.

The EC, which monitors commercial competition in the 27 countries that comprise the European Union, started due diligence on the deal in August and has said it expects to have a decision by Nov. 19 on whether to approve the deal.

link: Beleaguered Sun Forced to Lay Off 3,000 More Employees