The News (reporter Liu Jianyun) yesterday Sun announced that most of its shareholders in its special shareholder meeting passed the resolution on Oracle's acquisition of Sun, a shocking trade case to be completed this summer, after the deal is completed, Sun and Oracle will continue to operate independently. Oracle, one of the world's database and software giants, announced in April this year that it would buy Sun's common stock at $9.5 a share, up to $7.4 billion trillion. The resolution was passed by Sun's special shareholder meeting yesterday and some 62% shareholders voted in favour. The deal is subject to antitrust scrutiny by the European Commission and the Justice Department. Oracle said there had been good communication with regulators and that the investigation would soon be over and the deal would be completed by the end of this summer. According to analysts, Oracle completes the deal, relying on Sun's advantages in hardware, software and customers, will be at the same starting point with IBM, HP.
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