The European Union has cleared Oracle Corp & #39;s proposed & #36;US7.4 billion ( & #36;A8.15 billion) takeover of Sun Microsystems Inc.
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The European Union has cleared Oracle Corp & #39;s proposed & #36;US7.4 billion ( & #36;A8.15 billion) takeover of Sun Microsystems Inc.
Sun Microsystems Inc. plans to eliminate up to 3,000 jobs over the next year as it awaits a takeover by Oracle Corp.