Rational Dev

SUN MICROSYSTEMS ANNOUNCES STOCKHOLDER APPROVAL OF ORACLE MERGER AGREEMENT

Sun Microsystems, Inc. (NASDAQ: JAVA) announced that at a special meeting of stockholders held on July 16, 2009, its stockholders adopted the merger agreement entered into with Oracle Corporation, under which Oracle will acquire Sun common stock for $9.50 per share in cash. Approximately 62% of the shares of Sun common stock outstanding as of the record date for the meeting voted to adopt the agreement.

Posted On: July 16, 2009 - 7:00am by Anonymous

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