Sun Microsystems shareholders OK sale to Oracle - Denver Business Journal:

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In April, Oracle offered $9.50 per share for Sun about $5.6 billion — putting the total price tag at $7.4 billionj including the Sun debt that Oraclewill assume. A 62 percen t majority of common-stock owners of Sun JAVA) approved the deal in a special meeting, accordinb the press release from the Santa Clara, Calif.-based software and computer networking company, Oracle has projectee closing the deal as soon as next month. It that the purchase will add as muchas $1.5 billion to the company’sz non-GAAP annual profits. Sun has struggled to make profits in recent yearsa despite a solid footholdin high-end servers and wide use of its Java programmingb language.