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Microsoft move undermines Oracle bid | |
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| Time: 00:15 EST/05:15 GMT | News Source: Reuters | Posted By: Robert Stein | ||
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Executives at Microsoft have given U.S. antitrust authorities a sworn statement that could help the government's effort to block Oracle's bid to buy PeopleSoft, attorneys familiar with the case said. Microsoft's statement to the Justice Department undercuts one of Oracle's central arguments in defense of the $9.4 billion deal--that the two companies will soon face competition from Microsoft for a crucial part of their business. | ||
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