U.S. Senators Urge EU to Expedite Probe
Letter Cites Sun’s Precarious Financial Condition, Fears of More Layoffs 
A group of 59 U.S. senators sent a letter to the European Commission (EC) on Nov. 24 urging the European antitrust regulators to hurry their investigation into Oracle’s acquisition of Sun, citing the latter’s “precarious” financial condition and fears about more layoffs at the struggling computing company, reported AP Technology Writer Jordan Robertson.
Tags: acquisition, anticompetition, antitrust, buyout, EC, EU, European Commission, European Union, John Kerry, merger, MySQL, regulators, Senators, Statement of Objections, stockholders, U.S. Justice Department