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Europe Daily Bulletin No. 8621

13 January 2004
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/competition
New deadline for Oracle/PeopleSoft decision

Brussels, 12/01/2004 (Agence Europe) - The European Commission has suspended its in-depth examination into Oracle's take-over bid of 7.3 billion dollars for PeopleSoft to procure additional information. "The companies have not given us all the information needed (...), and so the Commission has sent a formal request. It has therefore had to stop the clock", said spokesperson Amelia Torres. The cut-off date for a decision on this operation had been set for 30 March. A new date will be set...

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