EC Halts Oracle/PeopleSoft Inquiry
January 13, 2004[From internetnews.com]
The European Commission has put its in-depth investigation into the hostile takeover attempt on hold to request additional information from the database and applications vendor, according to published reports.
EC spokeswoman Amelia Torres told internetnews.com "we suspended the clock because we asked the companies to supply some information for our review and of course because we have legally binding deadlines we cannot allow the clock to keep ticking."
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