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EU Still Open to Oracle/Sun: Report

Stock quotes in this article: ORCL , JAVA , IBM  

WASHINGTON D.C. (TheStreet -- Oracle's(ORCL Quote) controversial $7.4 billion acquisition of Sun Microsystems(JAVA Quote) could still get the green light from European regulators, according to a top E.U. official.

The European Commission issued a formal objection to the deal Monday. Officials voiced their concern about Oracle obtaining Sun's MySQL database technology, which has strong links to the open source community.

Despite the objection, a top European antitrust official says that regulators are keeping an open mind on the deal, according to Dow Jones. ...

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