SAP, Ariba Send More Info On $4.3B Merger To DOJ

Law360, New York (July 3, 2012, 3:58 PM EDT) -- Health industry business management software and services provider SAP AG and cloud computing company Ariba Inc. said Tuesday they had given the U.S. Department of Justice additional information concerning their proposed $4.3 billion merger.

Both companies said they supplied the DOJ with further information on SAP’s plan to buy Ariba, after receiving a solicitation for more detail, or a second request, from the regulator, according to a press statement.

SAP and Ariba said they planned to continue to work with the DOJ in order to comply...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.