Oracle’s $9.3 Billion NetSuite Bid Is Looking Iffy

With a proposed price of $9.3 billion, cloud provider NetSuite (NYSE: N) would be one of the largest acquisitions in Oracle’s (NYSE: ORCL) history. Turns out, the key words in that last sentence are “would be,” following the recent announcement that its tender offer of $109 a share to NetSuite shareholders is “the final extension that Oracle is obligated to make under the merger agreement.” That final extension of Oracle’s offer will expire at midnight, Eastern Time on Nov. …read more

Read more here: Oracle’s $9.3 Billion NetSuite Bid Is Looking Iffy

Category: N, ORCL

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