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Sun shareholders give green light to Oracle buyout

Discussion in 'TechSpot News and Comments' started by Justin, Jul 16, 2009.

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  1. Justin Newcomer, in training

    As far as most outsiders were concerned, the Sun-Oracle merger was all but finished. Shareholders still had to voice their opinion, however, and this week those holding approximately 62 percent of all shares voted in favor of the merger. In all, Sun will end up being purchased for about $7.4 billion, which will likely please most shareholders and execs for the struggling yet still relevant tech company.

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    Justin, Jul 16, 2009
    #1

  2. raybay TechSpot Addict

    Another good company about to be milked drive, and disposed of by Oracle.
    raybay, Jul 16, 2009
    #2
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