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February 26, 2004
Justice Department says nix to Oracle-PeopleSoft merger
As expected, the Justice Department this afternoon announced that it was filing an antitrust lawsuit to block the Oracle Corporation's $9.4 billion bid to acquire PeopleSoft Inc., its competitor in the business software market. Here is the Justice Department's Complaint.
Update: Here is the Wall Street Journal's ($) better article on Justice's complaint against the merger.
Posted by Tom at February 26, 2004 8:05 PM
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