Judge in Oracle Case May Unseal Documents
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From Bloomberg News
A federal judge who will decide whether Oracle Corp. can pursue a hostile takeover of PeopleSoft Inc. said he might release sealed documents detailing discounts Oracle gave customers to compete with rivals.
U.S. District Judge Vaughn Walker in San Francisco, who is expected to decide by the end of the month whether Oracle’s $7.7-billion proposed takeover of PeopleSoft violates federal antitrust rules, rejected Oracle’s request to keep the documents secret.
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