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May 8, 2009

Sun Shareholders File Suit to Block Sale to Oracle

Chris Kanaracus

Sun Microsystems Inc. shareholders filed three separate lawsuits last month in an effort to halt the company’s pending sale to Oracle Corp., according to a filing Sun made today with the U.S. Securities and Exchange Commission. The suits, filed in Superior Court in Santa Clara County, Calif. name Sun, some of its officials and Oracle as defendants, according to the filing.

Full story at Computerworld