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Oracle to Call Off NetSuite Deal Unless Shareholder Support Increases

Oracle Corp. said its deal to buy NetSuite Inc. would be called off next month unless enough shares are tendered by an extended deadline.
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A giant mutual fund is trying to block Oracle's $9.3 billion acquisition of NetSuite because Larry Ellison holds all the cards (ORCL, N)

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Business & Finance / Investing : Tech Trader Daily

Shares of Oracle (ORCL) are up 5 cents at $38.78, as the company struggles to get holders of Netsuite (N) shares to come around to its $109 buyout offer. The deal was announced July 28th as a tender offer, in which Oracle must get N...

A fed-up Oracle warns NetSuite shareholders that it might withdraw its $9.3 billion offer

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Oracle is playing an unusual game of chicken with the shareholders of NetSuite. On Friday, Oracle extended the deadline for its offer to buy Netsuite a second and final time, it said. Oracle warned that if more shareholders don't ge...

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