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NetSuite Will Lose Some of Its Premium if Oracle Bows Out, Says Cowen

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 NetSuite holders to tender a majority of the shares outstanding, and it has always been clouded by the fact that Oracle founder and executive chairman Larry Ellison is the stock’s biggest shareholder.
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