EU Clears Oracle to Acquire Siebel
An AP newswire article, via Yahoo! News, reports that:
The European Commission on Thursday cleared Oracle Corp.'s proposed $5.85 billion acquisition of business-software rival Siebel Systems Inc., the last regulatory hurdle for the deal.
EU regulators said they examined the deal carefully to see how powerful the new company would be in the European market for customer-relations software and if the tie-up would cause wide-ranging "conglomerate effects."
posted by Fergie @ 12/22/2005 06:13:00 AM
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