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JMP Securities Downgrades NetSuite (N) to Market Perform

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Oracle (ORCL) Announces Completion of NetSuite (N) Tender Offer

November 7, 2016 6:07 AM EST

Oracle Corporation (NYSE: ORCL) announced that a majority of the unaffiliated shares of NetSuite Inc. (NYSE: N) were validly tendered and the other conditions to the tender offer have been satisfied. The acquisition of NetSuite will be consummated by Oracle on... More

Oracle says majority of NetSuite holders back acquisition

November 5, 2016 10:17 AM EDT

(Reuters) - Oracle Corp (NYSE: ORCL) said on Saturday its proposed $9.3 billion acquisition of cloud storage company NetSuite Inc (NYSE: 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... More