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From internetnews.com]
Europe's antitrust regulatory body could restart its probe into Oracle's
unsolicited bid for PeopleSoft as soon as next month, according to published
reports.
The European Commission, the regulatory body of the European Union, is
following its U.S. counterparts in an evaluation of the now $7.7 billion
transaction that would join Redwood Shores, Calif-based Oracle and Pleasanton, Calif.-based PeopleSoft (Quote, Chart).
After its initial inquiry, the commission had suspended
its investigation back in April as it wanted to wait for the U.S. courts
to resolve its case.
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