InvestorsHub Logo
Followers 2
Posts 68
Boards Moderated 0
Alias Born 09/11/2013

Re: None

Thursday, 07/28/2016 4:01:01 PM

Thursday, July 28, 2016 4:01:01 PM

Post# of 21
NetSuite Shareholders Upset Over Merger Bid - (via NewsPoints Desk)
July 28, 2016
Tags: NewsPoints NetSuite Oracle United States Corporate Affairs Mergers &
Acquisitions

NetSuite shareholders are upset with the $9.3billion purchase of the company by Oracle.
The shareholders contend that Larry Ellison who owns approx. 40% of NetSuite is having
Oracle purchase his company where he will net over $3.5 billion, and
that the purchase price is insufficient in light of the company's growth
prospects.

NetSuite did not immediately respond to requests for a comment.

To contact the law firm handling on behalf of shareholders of
NetSuite for more information call toll free 800.511.7037
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.