Sun Shareholders Vote to Sell to Oracle
July 20, 2009 Timothy Prickett Morgan
The deed is done, the die is cast, and unless the antitrust regulators in the United States or Europe throw a spanner in the works, the deal is going to be signed on the dotted line. I am referring, of course, to software powerhouse Oracle‘s $5.6 billion acquisition of server, storage, and operating system maker Sun Microsystems. Last Thursday morning, shareholders of Sun gathered in its Santa Clara, California, headquarters and voted on the proposed acquisition of Sun by Oracle. And 62 percent of the aggregate shares were tendered in favor of the deal, which means that Oracle, |