Sacrebleu! EU probing Oracle-Sun deal

Updated

Larry Ellison may want to take his fighter jet out for some stress relief right about now.

In a development sure to have the tech billionaire screaming "Sacrebleu!" -- if not more colorful language -- the European Union has opened an investigation into the proposed $7.4 billion buyout by Oracle (ORCL), Ellison's giant database company, of Sun Microsystems (JAVA), the fourth largest server manufacturer in the world.

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