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Sun shareholder approves Oracle merger agreement

Source: Internet
Author: User
Keywords Shareholder common Stock Oracle
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US Eastern Time July 16 13:22 (Beijing time July 17 1:22) News, according to foreign media reports, Sun Thursday announced that at today's special shareholder meeting, Sun shareholders adopted the company and Oracle reached a merger agreement.　　Under the deal, Oracle will buy Sun's common stock at a price of $9.50 per share, in cash. At the special meeting, some 62% of the current shareholders voted in favour of adopting the merger agreement, Sun said. The deal will also need to be approved by regulators and subject to other trading conditions. Investors can visit the Sun.com/oracle page of the Sun website to get more information about the transaction. (Tangfeng)

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