[November 20, 2009] EU Extended Deadline For Antitrust Review Of Oracle, Sun Microsystems Deal (ORCL,JAVA) Tweet Nov 20, 2009 (SmarTrend(R) News Watch via COMTEX) -- 11/20/2009 - European Union regulators said Friday that they have extended the deadline to wrap up their antitrust review of Oracle's (NASDAQ:ORCL) planned $7.4 billion takeover of Sun Microsystems (NASDAQ:JAVA) until January 27, according to an AP report. The EU said that Oracle requested more time "in order to have the opportunity to further develop its arguments in response to the Commission's concerns," and therefore the company was given six extra working days. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]