Oracle (ORCL) Cleared by U.S. DOJ to Acquire NetSuite (N)

September 27, 2016 6:19 AM EDT

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Oracle (NYSE: ORCL) announced that it has received the final antitrust clearance approval necessary for the acquisition of NetSuite, Inc. (NYSE: N) from the U.S. Department of Justice. The all-cash tender offer for NetSuite at $109.00 per share, set to expire on October 6, 2016, will proceed as planned assuming the minimum required number of shares are tendered.



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