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62% of Sun's Stockholders Vote For Oracle Deal

Posted by timothy on from the well-'larry-ellison'-just-has-a-nice-ring-to-it dept.

Moon Workstation writes "In an special meeting held at Santa Clara, CA, 62% of Sun's stockholders voted for the acquisition by Oracle. As a result of this Sun's stock will be taken from the stock market as of Friday. The acquisition is still waiting for approval by the US Department of Justice and anti-trust offices in other countries. The planned acquisition is source for rumors and speculation about the future of different Sun products, like OpenSolaris, CPUs and others." (MySQL among them.)

1 of 152 comments (clear)

  1. Pedantry by maxume · · Score: 5, Informative

    It is likely that shareholders owning 62% of Sun stock voted for the Oracle deal. This is slightly different than 62% of shareholders (for instance, if 1 person owned 50% of the company, another owned 12%, and 15,000 people owned the rest, 0.013% of the shareholders would have 62% of the vote).

    --
    Nerd rage is the funniest rage.