A federal Judge is expected to unseal corporate documents
in a trial that could determine if Oracle (Quote, Chart) can
proceed with its $7.7 billion takeover bid for PeopleSoft
As part of a previous pre-trial agreement, only Oracle's legal team and
the U.S. Department of Justice have been privy to several documents that
contain detailed data on customers, competitive bids on contracts, pricing
details, budgets and product information.
But at the start of the trial this week, District Court Judge Vaughn R.
Walker noted that Oracle, the DoJ and some third parties have significantly
"over-designated" documents as confidential without the proper procedure.
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