EU delay of Sun takeover costly
China Daily | Updated: 2009-09-23 08:26
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Oracle CEO Larry Ellison said he expects the deal will eventually be cleared. Bloomberg News |
SAN JOSE, California: Oracle Corp Chief Executive Larry Ellison said Sun Microsystems Inc is losing about $100 million a month as European regulators delay approving his company's $7 billion purchase of the struggling hardware maker.
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