Oracle Proposed $9.3b To Acquire NetSuite

Oracle Corp (ORCL. N) said on Saturday its proposed $9.3 billion acquisition of cloud storage company NetSuite Inc (N.N) will move forward after more than half of eligible NetSuite shareholders backed the bid. Oracle said in a statement that holders of 53 percent of unaffiliated NetSuite shares agreed to tender their shares by a Friday … Read more