European antitrust regulators are set to announce Tuesday whether they will block Oracle's hostile takeover bid for rival PeopleSoft.
Car rental firm Avis Europe has taken a multi-million-pound hit on its bottom line due to problems with its IT.
European antitrust regulators announced Monday that they're extending their review of Oracle's hostile bid for PeopleSoft into an in-depth second phase.
Oracle on Tuesday officially submitted its notification papers to the European Commission on its hostile bid for PeopleSoft.
European antitrust regulators late Wednesday were forced to push back the deadline for a decision on Oracle's hostile takeover bid for PeopleSoft, after Oracle missed a deadline to supply new market information.
Car rental firm Avis Europe has taken a multi-million-pound hit on its bottom line due to problems with its IT.
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