So Oracle is out of antitrust challenges and regulatory obstacles, except for investigations in China and Russia; the European Commission is expected to follow suit shortly. Sun’s shareholders have also approved the deal, and everyone should sign on the dotted line within weeks or maybe even days.
Now that it's pretty much a done deal, I still don't think that Oracle was wise to pony up $7.4 billion for Sun. Much like Cisco Systems'
Both Cisco and Oracle seem to be on their own separate quests to become the next IBM
You won the approval, Oracle, but I think the Europeans did you a disservice.
What's your take on the Sun buyout? Share your two pennies in the comments section below.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Fool owns shares of Oracle. Try any of our Foolish newsletters today, free for 30 days. You can check out Anders' holdings and a concise bio if you like, and The Motley Fool is investors writing for investors.