As Oracle prepares to buy it, Sun says its loss widened on restructuring, slumping sales

As Oracle prepares to buy it, Sun says its loss widened on restructuring, slumping sales

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Sun’s loss widens on restructuring, slumping sales
SAN FRANCISCO — Sun Microsystems Inc.’s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion.

Sun, a server and software maker whose wobbly performance for most of [...]

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