Sun aims for sky, shoots self in foot
Targets not acquired
As European regulators drag their feet on approving Oracle’s $7.4bn acquisition of Sun Microsystems, the securities laws for public companies back home in the States compel Sun to still do its paperwork. Sun has dutifully sent out the proxy notices to shareholders telling them to mark their calendars for the annual shareholder meeting, and another note detailing the compensation packages of the top brass at the company.…
