Oracle Corp. (ORCL) announced that the U.S. Department of Justice and Federal Trade Commission have granted early termination of the Hart-Scott-Rodino or HSR review period for Oracle's proposed acquisition of BEA Systems, Inc. (BEAS). BEA has scheduled a special meeting of its stockholders, to be held on April 4, 2008 to consider and vote on the proposed merger. The transaction still requires BEA stockholder approval and regulatory clearance from the European Commission and is subject to other closing conditions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.