European Union (EU) regulators extended the deadline for their final decision on Oracle's plans to buy Sun by eight days. Announced on November 20, this extension was set in place to satisfy a request made by Oracle, which is building its rebuttal to the European Commission's Statement of Objections issued on November 9th opposing Sun's acquisition by Oracle. The Commission said it has pushed back its deadline to January 27, 2010, from the original January 19 deadline set back in September.
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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.
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